I've heard market is "x% over tax appraisal". 

People like to live in the best places, which causes fierce competition for housing and causes regulators to stifle growth due to concerns of overtaxing the infrastructure of a locality. 

They all sold for right at 20% over tax value so I applied that to mine to come up with ARV.

potential benefits buying now: ~ historic low interest rates ~ mtg pymnt may end up being less than your rent (taxes, ins and upkeep probably push it over) ~ tax advantages ~ take advantage of depressed prices (especially in Vegas!)

I'm not saying welfare isn't an important issue, but it's certainly shouldn't be a top priority in any discussion of over-taxation and waste...

My mom's sister came to visit recently and she lives in Texas.She said many major cities there are in big droughts and rain has been hard to come by.When there is a severe water shortage usually the brakes are put on development to not overtax an already pushed system for demand.

It's a good idea to know what the millage rate is for the property and adjust the taxes based on your offer since you have little control over tax assessment without lots of costly legal help.

It is possible to offset some of that income with expenses you paid to generate the income.However, that it is not eligible to be rolled over tax-free.

So now you convert over from Traditional to ROTH and since the value is $0 you pay no 'roll over taxes'.

So now you convert over from Traditional to ROTH and since the value is $0 you pay no 'roll over taxes'.