Owner Finance Property Taxes

[Justin Daniel Figueroa]

Hi!

The current landlord of a 5-unit, all 2 bedroom 1 bathroom building, is willing to owner finance her property to me. She asked if I would like to pay property taxes to her assuming we transact and I buy her property. Anyone with owner finance experience know what the good or bad implications are of me paying property taxes in this way?

Is the alternative that I pay taxes directly to the government and what is the best way to establish those direct payments given we are doing owner finance?