What does property tax have to do with a third party loan on an object? Either there is, or there isn't, property tax. Otherwise you are saying the government can tax according to percentage owed. After all, why should I pay full tax in my last month's payment? At that point I own 99.9% of the property.
What does property tax have to do with a third party loan on an object? Either there is, or there isn't, property tax. Otherwise you are saying the government can tax according to percentage owed. After all, why should I pay full tax in my last month's payment? At that point I own 99.9% of the property.