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To: SeekAndFind

Once considered buying houses in Detroit.

And barging them eslewhere, to be installed as lake-front houses somewhere else.

But my economic analysis indicated the tax liability on the vacant land in Detroit, after I removed the house, would kill any profit from the scheme.


8 posted on 08/04/2009 10:12:04 AM PDT by patton (Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
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To: patton

So why didn’t you just do it and not pay the taxes on the land and let the bums take it back for nonpayment?


23 posted on 08/04/2009 2:03:50 PM PDT by RipSawyer (Change has come to America and all hope is gone.)
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