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by amscanne 3515 days ago
I thought that loophole was closed? Doesn't a change in controlling interest cause the revaluation?
1 comments

What might stand up to a legal challenge is creating an entity that owns say ~1000 houses and when you want to buy a house you buy a very small fraction of the company with what your house would cost to purchase. Then the company would buy the house and let you live there until you want to sell. Maybe these already exist as a weird residential coop REIT.
Isn't that a condominium corporation? I believe there are special regulations that apply there.