Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on .

CDD on tax records, to buy or not to buy?
Situation. There is a beautiful, well originally going to be, neighborhood that was built out and has model homes built in a community. His community went bankrupt and there's a lot for sale in the community. If/when somebody buys the community I'm thinking this lot may become desirable to a builder? I looked on the tax records and it shows about $500 CDD fee for the original owners of the association.
My question is, if they went bankrupt am I obligated to pay this fee? or any recommendations on steps to take? I called the county tax office and they couldn't help me..
Tia