Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

Quote from @Joshua Alcantara: Quote from @Peter Walther: I've found many properties with title issues wind up with unpaid property taxes so checking on delinquent taxes, tax deed sales and lands available for taxes might help you identify some.Thanks, Peter, for the info!

Quote from @Victor Yang:In addition, is it possible for me and my wife to gift 36k worth of equity per year of the house (under the annual exclusion limit) and therefore have none of the costs go towards the lifetime gift limit?

Looking for info, contacts for North Wales (or within 3 hour radius), Pennsylvania.

Quote from @Saquan Johnson: I would reach out to local rehabbers in that area and also higher-producing agents to get this info.

The more detailed info/numbers you can share, the better!

Additionally, we own a STR management company called Twinity.We’re starting 2025 strong in real estate investment and are looking for power partners.

Additionally, we own a STR management company called Twinity.We’re starting 2025 strong in real estate investment and are looking for power partners.

My dilemma has been that I've gotten a little behind on some revolving debt that selling this property now could eliminate in addition to giving me cash on hand to trade into some better value or start a new construction duplex project I've been wanting to start.

Of 1k properties only 20-30% may have any contact info at all.