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.