Payments $492 (interest, tax, insurance) currently owe $51K.

Sometimes the recorders office may not be online but the tax appraiser is.

Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you . 

Make sure your financial advisor understands real estate taxation, financial planning and tax planning. 

Rents may be high, but where are taxes and insurance.

This might make sense, but again, you are just deferring the taxes and now pushing tax from capital gains to ordinary income. 

A good rule of thumb is to have at least $5 to $10K in reserves per unit to cover these situations and avoid financial strain.Thank you for the reply and help!

For IRAs and HSAs, a financial institution trustee is an integral part of what the Tax Code defines as an IRA or HSA.

AssetsAsk yourself: Do I want cash that depreciates with inflation and taxes, or do I want to build wealth?

I wish I could go back and have all my loans with my local credit union who keeps them in-house to avoid all this.