All Forum Posts by: Olivier S.

Hi Alan,

Thank you for your reply! I looked up my property today and, if I read it right, it states that my property is located in the unincorporated DeKalb County so it does not receive services from the City of Decatur and thus should not be subject to city taxes. (ref. http://www.decaturga.com/city-government/city-departments/administrative-services/taxes-and-fees/tax-faqs). Is it worth contacting a tax attorney located in the Atlanta area to talk about this?

Hi,

I'm trying to figure out what the property tax rate is supposed to be for an out-of-state investor. I own a SFR in the city of Decatur in Dekalb county, GA. From reading online the rate is supposed to be like 1.2% (which was indicated on the MLS sheet). However I understand that investors don't get the Homestead exemption. That said I'm not sure if 1.2% if supposed to be the "official" tax rate from which the onto which the Homestead exemption is applied (meaning homeowners would pay LESS than that) or if that's the rate already with the exemption factored in, in which case I would be paying significantly more than that.

Thanks,
Olivier

Hello BP community!

I have owned a couple of investment properties when I was living in Canada but I have recently moved to the U.S/California (and just moved from the SF Bay Area to SoCal). I'm looking at acquiring buy & hold properties.

I'm looking for a mentor and/or a partner. What I bring to the table: my expertise in software engineering (if custom development is required for whatever reason), some cash for the downpayment for at least a couple of deals to start with.