[secondcurve]

Originally Posted by TiltonBB

Yes, you can "only be taxed on the property that you own." But you are taxed on the fair market value of that property.

If that value is increased because of the location, view, frontage, topography, or whatever, that will be reflected in the taxable value. There is no "view tax" or "waterfront tax" but if your property is more valuable because of these things it's assessed value, and tax bill, will be higher. It is very simple.

Tilton: Thanks. Why is this concept so difficult for folks to wrap their minds around?