Property taxes when buying property under LLC in Cleveland

[Alejandro A.]

Hi group, does property tax stay the same when purchasing a property in Cleveland under an LLC from an individual owner or does it fluctuate and how?

Thanks in advance.

[Nicholas Misch]

Quote from @Alejandro A.:

Hi group, does property tax stay the same when purchasing a property in Cleveland under an LLC from an individual owner or does it fluctuate and how?

Thanks in advance.

I am not a CPA, however taxes are the same regardless if you purchase in your name or an LLC. LLC taxes pass through to your personal tax return and are taxed according to your personal tax bracket.