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Updated over 5 years ago on . Most recent reply

User Stats

43
Posts
12
Votes
Aaron Sizemore
  • Investor
  • Summerville, SC
12
Votes |
43
Posts

Property tax on rental question

Aaron Sizemore
  • Investor
  • Summerville, SC
Posted

Hey guys,

I am new to the REI scene so take it easy on me! I have been soaking up all the info on the website for the past couple months but have yet to find good solid info about property taxes for rentals. I just submitted an offer for a single family (Fannie Mae) property in Columbia SC. My understanding is that property taxes are almost triple the cost for rental properties ($2700 for this particular property). So my question is, will all of my deductions/tax advantages offset this horrible number?? I am assuming so or it would be very difficult for investors to own so many rental properties.I just wanted to run it by the professionals. Thanks guys!

Most Popular Reply

User Stats

2,006
Posts
357
Votes
Raymond B.
  • Florida
357
Votes |
2,006
Posts
Raymond B.
  • Florida
Replied

@Aaron Sizemore

To make the @ work, do the following:

Hold down the shift key and type @?

Look below this Window, and you will see a list of names of people that have posted in this thread.

Click on the name of the person that you want notified via an email, that you responded to them.

If you are a Colleague with anyone that has NOT posted in the thread, and you want them to see your post, hold down the shift key, type the @ and the first 4 letters of their First or Last Name.

Then look below this Window and click on that person's name.

Raymond

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