Off Topic Cafe If it doesn't belong in any of the other forums. Post all Off Topic stuff here.

Oil tycoon Pickens puts Texas ranch on market for $250 million

Thread Tools
 
Old 11-29-2017, 03:28 PM
  #1  
Member
Thread Starter
 
Redliner's Avatar
 
Join Date: Aug 2002
Location: Boston
Posts: 60
Likes: 0
Received 0 Likes on 0 Posts
Vehicle: 2001 tib
Default Oil tycoon Pickens puts Texas ranch on market for $250 million

http://www.chron.com/news/texas/arti...r-12392592.php



100 square miles? Damn, that's as big as some states!
Old 11-30-2017, 06:07 AM
  #2  
Administrator
 
Visionz's Avatar
 
Join Date: May 2001
Location: Upstate NY
Posts: 23,223
Received 6 Likes on 6 Posts
Vehicle: 2010 Genesis 2.0T
Default

The house is incredible but all that land...man. He must pay a ton in taxes.
Old 11-30-2017, 07:32 AM
  #3  
Moderator
 
JonGTR's Avatar
 
Join Date: May 2001
Location: San Antonio, TEXAS!!!
Posts: 7,164
Received 6 Likes on 5 Posts
Vehicle: 01 Tiburon Turbo, 99 Tiburon F2E, 2013 Avalon XLE Touring
Default

Not as much as you think. Here in Texas, designating land for agricultural use will get you a pretty big break on your taxes. My family has this and it's significant. All that's required is a fence and a handful of cattle. Now, I'm sure he went even further to write it off as a wildlife preserve as well judging by the last few pics showing the game animals. As you already know, the rich don't pay as much as you think for their toys.




All times are GMT -6. The time now is 04:42 AM.