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2. Land value tax - Wikipedia

   en.wikipedia.org/wiki/Land_value_tax

   A land value tax ( LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. [1] It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating . Some economists favor LVT, arguing it does not cause economic inefficiency, and ...

3. Land value tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Land_value_tax_in_the...

   Land value taxation (i.e. property tax applied only to the unimproved value of land) has a long history in the United States dating back from Physiocrat influence on Thomas Jefferson and Benjamin Franklin. It is most famously associated with Henry George and his book Progress and Poverty (1879), which argued that because the supply of land is ...

4. Property tax - Wikipedia

   en.wikipedia.org/wiki/Property_tax

   The assessment is made up of two components—the improvement or building value and the land or site value. The property tax is the main tax supporting local education, police, fire protection, government, roads, and most infrastructure, e.g. sewers, bridges, street lights. Many state and local jurisdictions add personal property taxes.

5. How to buy land: A step-by-step guide - AOL

   www.aol.com/finance/buy-land-step-step-guide...

   Pay down debts to lower your debt-to-income ratio, and start saving enough to cover a potentially hefty down payment — lenders typically require 20 to 25 percent down for raw land. 2. Compare ...

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7. Highest and best use - Wikipedia

   en.wikipedia.org/wiki/Highest_and_best_use

   The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...