MLS Tax Estimates (Pittsburgh)

[Jarred S.]

Looking for some help regarding property tax estimates on the MLS listings. I'm located in Pittsburgh and the city is in a bit of a tussle over property tax assessments/appeals. Right now, my partner and I are in the process of acquiring our first rental property. The MLS is just one tool we have used to find a home. In analyzing these properties we've come across one or two homes of interest that have really low taxes showing on the MLS listing. My worry here is analyzing a home for a particular level of cashflow and then the new assessments are issued and the taxes jump causing the cashflow to go down.

Would those taxes that are listed on the listing be up to date and should they be deemed accurate? We will certainly do our due dilligence before acquiring the property anyways but this is just a question for a quick analysis.

Maybe someone in the Pittsburgh network could comment on when the appeals or assessments will affect the tax rates.

Any input would be appreciated from two beginner investors. BP has yet to fail us!

Thanks,
Jarred