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 5 years ago,
Creative, Poor Form, or Illegal
I am new-ish (currently renovating my first rental). I am also scoping a potential 2nd BRRRR. However, on this one, I believe is over-assessed for taxes and it's in a higher-taxed neighborhood than my first. So, upon acquiring, is it creative, poor form, or illegal to march in and appeal the assessment right away knowing that I'm going to be making improvements shortly? Or maybe even just not worth it. I know in the long run, it's going to get reassessed periodically anyway and it shouldn't make or break the deal, but I'm a beginner here and I'm still of the "every penny counts" mindset.
Thanks,
Dan