Quote:
Originally Posted by lakershaker
I posted this a few years ago, and was immediately shot down, but here it goes again...
|
It was likely shot down because it is fairly illogical. Should RV's also have property taxes levied against them?
There is a great difference between a building on a piece of property, and a vehicle of sorts that has no adjacent property. For one thing, the value of your camp will, over time, steadily increase (and there is no need to get off-topic about year over year housing prices). The value of a boat (or RV) will steadily decrease over time (perhaps with very few exceptions for particularly unique vessels).
There are many ways to experience the lake, you can do so as a mainland property owner (with or without waterfront), as an island property owner (with or without waterfront), via an RV/campsite, via a Boat/slip, or even via tent/campsite. They all have their pros and cons, and tradeoffs that most people recognize and voluntarily accept when choosing their lake-experience-method-of-choice.
I'll tell you what, since you think a "houseboat" is roughly equivalent to your island "camp", I will purchase to your spec and trade you outright a houseboat and deeded dock of current equivalent value to your campsite. You will then be able to enjoy a comparable experience to what you have now, without the burden of property taxes.