U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Vermont
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 06-19-2014, 09:46 PM
 
890 posts, read 2,567,382 times
Reputation: 574

Advertisements

Just a hypothetical question for those of you who know about land law in Vermont. If a person inherits or is given raw land (farm land) but lives in another state, and is a dependent but not a minor (adult child full-time college student with no meaningful income) do they pay taxes on the property?

I know this is an odd scenario, but it might happen to a friend of mine. Does the state accumulate the property taxes in an account until the kid graduates and starts earning money or what?

Thanks in advance for your responses!
Reply With Quote Quick reply to this message

 
Old 06-20-2014, 06:26 AM
 
Location: The Woods
16,960 posts, read 22,277,190 times
Reputation: 9070
Someone will have to pay the taxes or you'll lose the land.
Reply With Quote Quick reply to this message
 
Old 06-20-2014, 06:46 AM
 
35,324 posts, read 25,198,500 times
Reputation: 32414
Quote:
Originally Posted by looking4home View Post
do they pay taxes on the property?
They better if they want to keep it.
Reply With Quote Quick reply to this message
 
Old 06-20-2014, 10:30 AM
 
890 posts, read 2,567,382 times
Reputation: 574
Thanks for your responses. Perhaps it would be a different situation if they were a minor. I would imagine the parents would pay the taxes until the student was able to, or they could decide as a family to sell the land.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Vermont
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top