You Can Still Tour ‘Tax Free’ Terrence Wall’s Pumpkin Patch
If you haven’t had the chance yet to grab your wagon and take the kiddies down to “Tax Free’ Terrence Wall’s $2 million pumpkin patch, there’s no time like the present.
Take a virtual tour here.
As One Wisconsin Now previously reported, Wall Land Investment, LLC, one of multi-millionaire Madison developer Terrence Wall’s companies, has reclassified $2 million in prime Dane County commercial real estate into ‘agriculture’ property, which allows the company to eliminate $34,000 in local property taxes. Wall was already under criticism for using a Delaware post ‘office’ box to possibly avoid paying Wisconsin business tax.In 2008 Wall owed $34,000 in property taxes on the $2 million properties. Reclassifying the 2+ acres of prime commercial development, located behind the Marriott Hotel and adjacent to the West Beltline near Middleton, reduced the value to just $600. One Wisconsin Now visited the site and the only sign of agriculture was a dozen pumpkins in various stages of decomposition strewn over the two acres of valuable real estate.