I thought of a legal way to reduce property taxes by 70% or more. Actually, you can essentially determine how much tax you want to pay. Want to pay 90% less property tax? No problem.
Most tips on reducing property taxes are given by people who think inside-the-box. I can think inside-the-box, but I can also think outside-the-box . . . way outside the box, which enables me to analyze problems from unique perspectives and create novel solutions. My outside-the-box idea on how to slash property taxes can save the average homeowner a small fortune.
I ask that anyone who requests this tip consider the ethics of it. Governments provide valuable services, for which they need money to function. One could easily make the case that they waste an inordinate amount of our taxes—and they do. However, by slashing your property taxes, you likely won't be paying your “fair share,” unless you purposely temper your tax reduction to a fair level. I can think of a few cases in which it is ethically justifiable to slash property taxes. If you can ethically justify it in your case, contact me.