Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

135
Posts
36
Votes
Dan Turkel
  • Real Estate Agent
  • Springfield, MO
36
Votes |
135
Posts

Taxes in Springfield, Missouri

Dan Turkel
  • Real Estate Agent
  • Springfield, MO
Posted

What type of taxes are typically charged on rental properties in Springfield, Missouri? Are there taxes other than a county real property tax? Is there a city tax? School tax? Anything else?

I’m going to be investing in Springfield soon and would like to get a good idea of what to expect. Thanks!

Most Popular Reply

User Stats

41
Posts
30
Votes
Brian Simmons
  • Landlord/ Investor
  • Republic, MO
30
Votes |
41
Posts
Brian Simmons
  • Landlord/ Investor
  • Republic, MO
Replied

Dan,

Greene County sends one tax bill at the end of the year, it includes taxes paid to schools, city, etc.  I see you are from NJ..  How high taxes are is relative, as people here complain, however compared to your neck of the woods they are a pittance.  

A 50+ year old house will probably run you $600 or less a year, a brand new 3 bed 2 bath house will run you $1500 ish.  Springfield is considering an inspection fee for rentals, but we don't really have any extra fees in place yet.  

Vacancy is very low.  If you manage your properties well it is close to 0.  A decent house in a decent area will get 25 calls in a weeks worth of advertising online. 

Loading replies...