Is it possible that, like in Las Vegas, the assessed value is only a percent of the true value?

Hi my name is Jake Jensen, I am completely new to real estate understanding basic techniques some investors are using, and being lost and confused when trying to apply them to my special current situation that changes per person, and despite the constant back lash from friends family and that keep telling me not to buy in my ever changing fast growing utah housing market.

No, I didn't ask for any paperwork on it as felt it was true and she had been a good tenant of mine for I think 5 years. 

The reverse can be true for a condo. 

@Stephen McKnew Colonna this is so true!

@Carolyn Fuller I like that technique, definitely one to consider.

Time is money is literally true right now.

I don't see how this shouldn't be true, but TurboTax shows it as taxed at our capital gains rate. 

They are not true separate residences, most are like a bedroom with possible separate entrance.

(You can use REISkip to find the phone #'s) (True People search is free and is ok) Ask if interesting in selling their home.