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Dj94080, Other/Just Looking in Gardnerville, NV

I thought Nevada had a provision where it was possible to prepay the property tax so one would never have to pay property tax again.

Asked by Dj94080, Gardnerville, NV Mon Aug 6, 2012

The state calculated a one time payment amount based on some formula.

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Lisa Wetzel and Jim Valentine’s answer
There is such a thing as Allodial Title
Here's a link about it http://nvinc.com/allodial_title_in_nevada.htm

It used to be a means to pay a lump sum in advance and not pay yearly taxes. I understand it was discontinued. It is very very rare and I personally have never dealt withit in the 36 years that I have been selling real estate.

Lisa Wetzel
RE/MAX Realty Affiliates
1320 Hwy 395
Gardnerville, NV 89410
0 votes Thank Flag Link Mon Aug 6, 2012
Never is a long long time. If that is true it would have to be a big number or some were not thinking clearly when they passed it.
0 votes Thank Flag Link Mon Aug 6, 2012
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