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Updated about 2 years ago, 11/10/2022

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202
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88
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Mary Ainsworth
88
Votes |
202
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Estimating property taxes for analyses

Mary Ainsworth
Posted

Hey! I'm just learning how to analyze deals and I'm confused about how to estimate property taxes. 

option 1: someone told me that property taxes are about 1.25% of a property's purchase price

option 2: the mortgage estimation on the MLS + property tax estimator on the MLS

Which of these 2 options would be more accurate?

Thank you!!

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