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<blockquote data-quote="RobGMN" data-source="post: 8869675" data-attributes="member: 683408">Yes. Intelligence can be evaluated by people&#039;s actions. There&#039;s a high likelihood, that someone who consistently does stupid things, is indeed, stupid.It is evaluated based on being deed-restricted as a private club property. That means the valuation is tied to the income generated by the private club.If those other properties are private clubs, they would be validated based on their income from the private club on the property. If they are simply private properties with or without homes, then they get valuated as such.This is how you can have a one acre property valued so highly while a golf course with a private club valued so low.They can literally be touching each other, but are completely different as far as tax valuation is concerned.If you turned that one acre into a deed-restricted property and had a private club with five members, it might bring a $1M property down to $100,000. But when you try to get a loan with the property as collateral, you don&#039;t get to claim the $1M value. That&#039;s fraud.Kind of like buying a beat up car for $5,000 and then insuring it for $20,000 and totaling it. Fraud.Incarceration is not a definite with a conviction. If you check out laws, you will see that punishment CAN INCLUDE a variety of things. CAN INCLUDE does not mean WILL INCLUDE. If your friends went to jail, it&#039;s because the judge decided it or the attorneys decided it in an agreement. Law 101.</blockquote>

[QUOTE="RobGMN, post: 8869675, member: 683408"] Yes. Intelligence can be evaluated by people's actions. There's a high likelihood, that someone who consistently does stupid things, is indeed, stupid. It is evaluated based on being deed-restricted as a private club property. That means the valuation is tied to the income generated by the private club. If those other properties are private clubs, they would be validated based on their income from the private club on the property. If they are simply private properties with or without homes, then they get valuated as such. This is how you can have a one acre property valued so highly while a golf course with a private club valued so low. They can literally be touching each other, but are completely different as far as tax valuation is concerned. If you turned that one acre into a deed-restricted property and had a private club with five members, it might bring a $1M property down to $100,000. But when you try to get a loan with the property as collateral, you don't get to claim the $1M value. That's fraud. Kind of like buying a beat up car for $5,000 and then insuring it for $20,000 and totaling it. Fraud. Incarceration is not a definite with a conviction. If you check out laws, you will see that punishment CAN INCLUDE a variety of things. CAN INCLUDE does not mean WILL INCLUDE. If your friends went to jail, it's because the judge decided it or the attorneys decided it in an agreement. Law 101. [/QUOTE]

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