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Updated over 11 years ago on . Most recent reply

John Hayes's profile image
John Hayes's profile image
John Hayes
  • from Coram, New York
  • Member since Oct 6, 2013
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20
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1
Votes
John Hayes's profile image
John Hayes's profile image
John Hayes
  • from Coram, New York
  • Member since Oct 6, 2013
Connect
John Hayes
  • Coram, NY
1
Votes |
20
Posts
Rehabbing & House Flipping

Property tax and resale value

John Hayes
  • Coram, NY
Posted

How much does property tax affect the arv on flips. I am located in Long Island and looking into a sfr with property taxes of 11k per year. That is about 20% higher than the comps in the area show. All other numbers look good but I am concerned as to if it will be an issue for potential buyers.

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