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Updated about 6 years ago on . Most recent reply

User Stats

213
Posts
66
Votes
John Duston
  • Accountant
  • Santa Barbara, CA
66
Votes |
213
Posts

Property tax on masterlease

John Duston
  • Accountant
  • Santa Barbara, CA
Posted

I'm looking at buying a property in an estate deal where one of the heirs is willing to carry a mortgage with favorable terms to offset thier high price.

Thier property tax is only 1400 a year but will go up by 14000 once sold. Would a master lease stop them from increasing as a sale current take place until later?

  • John Duston
  • Loading replies...