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Updated almost 9 years ago on . Most recent reply

Tamara Perry's profile image
Tamara Perry's profile image
Tamara Perry
  • from Charlotte, North Carolina
  • Member since Feb 1, 2015
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Tamara Perry's profile image
Tamara Perry's profile image
Tamara Perry
  • from Charlotte, North Carolina
  • Member since Feb 1, 2015
Connect
Tamara Perry
  • Charlotte, NC
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Buying & Selling Real Estate

Tax value vs purchase price

Tamara Perry
  • Charlotte, NC
Posted
Hi BP, I am new to investing and I am looking to purchase my first rental property. I have found one that I am interested in, but I noticed that the tax value on the house was double the purchase price. It has also been on the market for a long time. Is there anything that would be concerning in this type of situation? I can't seem to find any answers for this.
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