This is adjusted for growth to avoid existing owners getting massively higher tax bills YoY (again, in theory)FL = disclosure state i.e. tax % * price you paidSome other states = limit growth by a certain %Best bet: consult the local tax assessor's office and/or your broker.

Purchase price: $325,000 Cash invested: $1,500 Commercial Business Office, Garage & Warehouse - This property was an old 3 bedroom house that another flipper fixed up, enclosed the garage, added a 1,200 sq. ft. metal building (warehouse/shop) before we purchased it.

Your closing office will give you some templates because they want you to do closings there.

I mentioned to the loan officer that I believe the building will be worth $700,000 and I want a loan for $500,000. 

It must be live or by videos in real estate brokers instructors office and the broker, the instructor must be present.

We are near the P83 district (about half a mile) so a lot of the revenue was coming from baseball tournaments and sporting events; come spring training time I think our rates could go up quite a bit.  

I plan to rent the suite and then sublet the offices.

I have a management company that will be overseeing the project with an office person and onsite maintenance man.

I took a 1.2% decline in revenue from 2017-2018 as the market exploded from 3,000 - 7,000 STR's in the Phoenix/Scottsdale area. 

Also, becoming an officer is a great move to increase your pay, very smart.