I spoke with their customer support during my initial assessment of the school and they informed me that when new state or federal law is passed they update that portion of the course material.The online portion is mostly reading, but you want to make sure to read the supplemental textbook that is included with the course.

Banks are holding off foreclosing on many commercial units because their balance sheets can't handle it, but within a year or two, I think that's going to change, and I'm guessing a LOT of commercial notes will be foreclosed on.I agree with this assessment as well.

(The city has it assessed at 57k for tax purposes.)My lender called last week and said the FHA was not going to accept the house as collateral on the loan because of the poor condition.MY FIRST QUESTION:If it was appraised by their appraiser at 79k, where would this new decision come from?

HOAs are going belly up or assessing the few remaining owners exorbitant fees.Its unclear to me that there is any demand for some of these units.

I have never asked for a property to be re-assessed, I guess you have to hire a lawyer, and do the leg work, maybe i'll look into it

The bank is hesitant because they say they assessed the garage at no value.A friend at the Fire Department says it appears someone started a small camp fire inside the garage.

I have a property assessed at 2.8 million I want to develop.Please note: This is commercial land.I offer 1.6.

Where I'm at, I don't have as many municipal pools, skating rinks or community organizers as a typical Chicago area suburb....but I'm paying 1% property tax and "prices" keep tax assessments low - thus cashflow up.

As I responded to this in another thread...It's now been over 40 years since socialized medicine became a core part of our country's medical system (Medicare implemented in 1965), and yet most of the predictions Reagan made on that record haven't happened.Which leads me to believe that Reagan was incorrect in his assessment.

If, in formulating a general rule, we say that depreciation is real and just, and that as a general rule of thumb, expenses must be related to that depreciation number as a MINIMUM, then1- This might help in actually creating a provable and accurate general expenses formulation, of course this would require actually holding property for the depreciation periods selected by the accountants and business managers.2-Now aswe add in the property taxes, insurance numbers, and their tax implications on the total true expenses, I think it will be clear that expenses are actually far greater then the 50% rule generally used.Finally, anyone who believes a realtor's assessment over that of an accountant, well, lets just say, there is no Santa, regardless of the sales person who thinks there is, and the investor needs to be aware or they will learn that the hard way.