A yacht company designed a yacht that looks like a house and Miami wants to tax it like a house but the company says it can't be taxed because it's not a house, it's a yacht
ยท Mar 30, 2022 ยท NottheBee.com

Rich people have problems too, you know:

What appears to be a floating home in Miami's Biscayne Bay, isn't actually a house. At least that's how lawyers representing the millionaire that owns it argues. County officials are trying to hit the houseboat with a property tax bill, however to the county, it's not an actual boat...

[The Arkup #1] is environmentally friendly, featuring things like a rainwater collection system and solar panels. It was purchased by British businessman Jonathan Brown's company MacKnight International for $3.3 million in 2021. Despite floating in the bay since Brown's purchase, Miami-Dade County officials have decided to label the Arkup #1 a "floating structure." The result is a property tax bill of $120,000.

Is it a house? Is it a boat? You be the judge!

Well, heck, that sure looks like a house to me.

But wait!

Well, dad gummit, that sure looks like a boat! Now I don't know what to think!

This thorny issue will probably never get resolved. It'd probably be best if Miami just spiked the tax bill and forgot about it.


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