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Updated about 5 years ago,
Duplex VS 2 Townhomes
Hello all!
I have a fairly simple question. I am currently looking at writing an offer on two duplexes side by side. The thing is, they have actually been converted into 4 Townhomes. According to the seller they can be either, due to there being a firewall from floor to ceiling, but also one roof and 1 foundation.
My question is, if I am buying all four, does it matter whether they stay as 4 townhomes or if they are converted back into 2 duplexes?
Upon purchase, I do not plan to sell anytime soon, so my concern is cashflow. I guess the only difference I could see is taxes between 2 duplexes and 4 townhomes. Any insight?
Thanks!