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Politics : PRESIDENT GEORGE W. BUSH

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To: TigerPaw who wrote (36963)9/15/2000 7:39:59 AM
From: Ish  Read Replies (3) of 769670
 
<<Assume it was $1000/acre land >>

Most of the land around here goes for $3,000+. If it's close to town it can be assessed at up to $20,000 per acre as potential lots even though it's used as a farm.

<<with almost no cost basis. >>

No cost basis taken into account on an appraisal for estate taxes.
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