Is there a federal income tax expert on board here?
Maybe Big Island could be used for wild loon habitation and donated to
www.loon.org, based in Moultonborough, and the island's entire $two-mil dollar cost basis could be deducted from personal federal taxes going forward for the next 17-years til it's all used up? Does not seem all that loonie? ......
:
With Big Island wired to Metrocast cable tv, the loons could spend hours and hours, all day and all night, watching the Laconia and Gilford local government meetings like the zoning board and the school board in action, live and the endless replays.
Save the loons by donating the island, and to heck with the local Laconia property tax.