On the contrary, a 100% yearly tax from the assesed value of the property, enacted after the property is vacant for 12 months straight, would be a strong motivator for your idiot uncle to actually visit the property, and/or the rest of you to just renounce or disclaim yourselves from ownership of what you described as a near worthless asset, and then let your idiot uncle eat 100% of the improperly assessed value’s vacancy tax.
Elsewhere in this thread you state the house is basically worthless, the land is worth 40k… but idiot uncle thinks both the land and house are worth 200k together, if I read your right.
Organize everyone other than idiot uncle into a plan to disclaim themselves from the inherited property provided the uncle ponies up 40k ( or maybe more if your idiot uncle can be duped into such ), so your parents in the trailer can just buy another plot to park their mobile home, and idiot uncle can deal with his idiocy.
I mean, that seems to be a reasonable plan with or without the proposed vacant property tax, unless there are more complications between the … non idiot uncle parties to the estate.
I don’t know for certain of course as I don’t know your locale, but… you could probably find another plot of land for about 40k?
Idiot uncle thinks its worth over 4x that, so… from his perspective, this would be a steal, to basically gain sole ownership? Let him deal with selling or demo/refurbing the house/land.
… Or have ya’ll already tried something like this, and idiot uncle refused?
On the contrary, a 100% yearly tax from the assesed value of the property, enacted after the property is vacant for 12 months straight, would be a strong motivator for your idiot uncle to actually visit the property, and/or the rest of you to just renounce or disclaim yourselves from ownership of what you described as a near worthless asset, and then let your idiot uncle eat 100% of the improperly assessed value’s vacancy tax.
Elsewhere in this thread you state the house is basically worthless, the land is worth 40k… but idiot uncle thinks both the land and house are worth 200k together, if I read your right.
Organize everyone other than idiot uncle into a plan to disclaim themselves from the inherited property provided the uncle ponies up 40k ( or maybe more if your idiot uncle can be duped into such ), so your parents in the trailer can just buy another plot to park their mobile home, and idiot uncle can deal with his idiocy.
I mean, that seems to be a reasonable plan with or without the proposed vacant property tax, unless there are more complications between the … non idiot uncle parties to the estate.
I don’t know for certain of course as I don’t know your locale, but… you could probably find another plot of land for about 40k?
Idiot uncle thinks its worth over 4x that, so… from his perspective, this would be a steal, to basically gain sole ownership? Let him deal with selling or demo/refurbing the house/land.
… Or have ya’ll already tried something like this, and idiot uncle refused?