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Updated over 9 years ago on . Most recent reply

User Stats

155
Posts
81
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Billy Maloney
  • Rental Property Investor
  • Los Angeles, CA
81
Votes |
155
Posts

property taxes

Billy Maloney
  • Rental Property Investor
  • Los Angeles, CA
Posted

What do people use to estimate out of state property taxes?

Is there a good website or resource? 

Most Popular Reply

User Stats

41
Posts
13
Votes
Douglas Higa
  • Rental Property Investor
  • Dayton, OH
13
Votes |
41
Posts
Douglas Higa
  • Rental Property Investor
  • Dayton, OH
Replied

This is a little off subject, but I wanted to share this with everyone. Here's a tip that got me on our first multifamily acquisition. Don't forget that the asset will be taxed according to the new purchase price. The financials we recieved during acquisition showed the lower tax fee of the old purchase price. The taxes went up and were adjusted according to the new purchase price right after closing in Ohio, so it threw our margins off because we didn't anticipate the increase. FYI Calculate your taxes on the purchase price in your proforma to win

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