<p>I don't know if this would be considered separate or not, We bought the house with the 50 acres (50 acres is on the deed) , but the house is on 25 acres and a separate parcel for the other 25 that is connected to it, so therefore, I get 2 separate tax bills for the house & 25 acres , and the other 25 acres with no house. I wonder if the vacant land 25 acres will be considered as an asset? So do they go by the deed , or by how many tax bills you get ? Thanks for all the help!</p>