> the private property owner retains title even as the land’s assessed value plu... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		Victerius on Nov 28, 2022 \| parent \| context \| favorite \| on: Mauna Loa eruption underway; lava no longer contai... > the private property owner retains title even as the land’s assessed value plummets to zero. I was told by my accountant friends that land couldn't be depreciated.

jerf on Nov 28, 2022 [–]

That's not depreciation. That's revaluation. Land revalues all the time.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact