ManNamedJed
Member
- Joined
- Jun 17, 2020
- Member Number
- 2094
- Messages
- 8
I'm considering buying some property in CA from a family member. It is currently TPZ - a tax zoning to encourage growing timber. I know there are restrictions like I can section it up and build condos, which is fine with me. It appears I can build a house or 'caretaker' cabin. I mostly want it for family camping/hiking, etc. It looks like to remove the TPZ is a 10 yr process and you'd be paying some back taxes. It would also be much harder to resell if I had to.
I've been looking around trying to find more information, but I find no discussions or FAQs, just the law itself which goes on for pages and pages and it difficult to decipher.
Anyone here dealt with this? I am foolish for considering it? I appreciate any input.
I've been looking around trying to find more information, but I find no discussions or FAQs, just the law itself which goes on for pages and pages and it difficult to decipher.
Anyone here dealt with this? I am foolish for considering it? I appreciate any input.