Posted by Spook on April 18, 2008 at 17:56:23 from (198.208.159.17):
In Reply to: Re: OT- Walmart Acres posted by garytomaszewski on April 18, 2008 at 17:06:35:
I have been looking at buying a small piece of commercial property, for my wife's business. I tried to buy one piece 2 years ago. I could not get the zoning changed, so I had to drop the idea. 6 months later, a big developer bought the place, for less money, and got the zoning changed immediately. I was talking to a commercial real estate broker about some property, he wanted me to build a building on it, and rent out most of it. If you get the proper tax abatement, you pay 50% of the taxes for the first 12 years. Additionally, if you have the units segregated with seperate addys, the developer pays no taxes on a unit unless it is occupied. For tax purposes, it doesn't exist until you have a tenant. I had always wondered how these developers could put up units, leave them empty for years, and go build more. The system is tilted in favor of developers, not residents.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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