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Old 10-16-2021, 09:13 AM   #47
longislander
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I should add that the accumulated reduced tax in a current use situation, needs to be factored-in; 10 years(?) or any amount of years.

There's a point in time whereby the annual tax savings compensates for the 10% penalty, even if the property value remains stagnant or in the unlikely possibility of value reduction.

Namely, the tax savings makes up for the 10% tax penalty.
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