So, a multi-unit dwelling (think: duplex, quadraplex, or even high-rise) belonging to absentee-owners would still be taxed at the residential rate, but a little, family-operated used-book shop would be taxed at the (exploding) commercial rate, right?
Regards,
I was thinking that apartments would fall under commercial and houses would be residential.
Good point. I haven’t seen the actual law yet.