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Updated about 4 years ago,

User Stats

15
Posts
5
Votes
Dustin Nygard
  • El Paso, Tx
5
Votes |
15
Posts

Current Tax Levy affect on rental property investment

Dustin Nygard
  • El Paso, Tx
Posted

I am looking at properties in El Paso Texas by using the city of El Paso's website to look up taxes paid yearly on different properties I am analyzing. I see 1 property, a quadruplex, has a "current tax levy" of $7,639.98 and that the owner paid $1,289.89 in February of this year. What  is a "current tax levy" and does that have any effect on me if I choose to buy the property?  Is the tax levy the amount owed in taxes every year or what is still owed?

Thank you,

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