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** Frank ** **    Frank    ** is offline
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Default This Old [millionaires] House


"---MIKE---" wrote in message
...
The real question is regarding the "Extreme Makeover" show. They
completely dismantle a wreck and put up a mansion. This is usually for
a destitute family. How can they afford the taxes on their new mansion?


---MIKE---
In the White Mountains of New Hampshire
(44 15' N - Elevation 1580')


I saw on one show where the taxes were paid in advanced, but don't know for
how many years. I my area, if you don't do a complete new construction but
just a major remodel, its taxed at a much lower rate. That's why on one of
the shows where everything were demo except the garage just to qualify as a
remodel.