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1 posted on 01/07/2014 12:40:49 PM PST by WayneLusvardi
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To: WayneLusvardi
Maybe this is just a sign that the remaining business owners in California are getting more stupid.

There is a way to transfer property from one company to another such that the property does not get reassessed. I believe that it involves creating a temporary holding company combining the seller and purchaser.

That this loophole is not continuing to be used suggests that businesses are just plain stupid.

Either that or the statistics being reported are not really true.

2 posted on 01/07/2014 12:50:01 PM PST by who_would_fardels_bear
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To: WayneLusvardi

PAY YOUR FAIR SHARE!!!


3 posted on 01/07/2014 4:39:48 PM PST by Organic Panic
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