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 about 8 years ago,
Liens violations and Taxes.
Came across a property from a motivated seller. It has been vacant and abandoned for 10 yrs. The property is appraised at 70k. It has a balance of 43k on delinquent taxes.
I'm looking to wholesale it. The seller has accepted 4k for it.
Im wondering if its possible to negotiate with the city on the taxes or how should I approach to turn it into an investment?
Any help would be greatly appreciated.