Do I have to pay property tax if the property is not doing any business?

Question

I have a property which has been emty for years hence there is no income or profit. So do I still have to pay tax?

Answer

It depends on what country you are in. If you are in the USA you can go to the county recorder and inspect your title There will be some codes and you ask what they mean. One will be either "commercial" or "residential". Tell the recorder that is a mistake, it is private property. There is no tax on private property in the USA.

Do I have to pay property tax if the property is not doing any business?

Answers (1)