If I have a property worth $300,000 and land is worth $50,000 I would then have a taxable property of $250,000 divided by 27.5 which would be around $9,090.

I know appraisal will come in near 100k, unless I get him to accept closer to 80, in which case I expect the appraisal to miraculously decrease to 85ish. 

Is the decreased cost really significant for heat? 

Either way, the whole thing is moot since the house that I'm talking about has potentially expensive foundation issues so if the seller can't decrease the price I'm going to have to back out.Thanks for the advice!

Just like with anything else, the key to savings is increasing income, decreasing expenses, or both. 

Just trying to get a figure of what kind on money I would be giving dear Uncle Sam in this situation, and is there any ways to avoid/ decrease Uncle SAMs take.

Just trying to get a figure of what kind on money I would be giving dear Uncle Sam in this situation, and is there any ways to avoid/ decrease Uncle SAMs take.

I'd say building rapport with local attorneys would help decrease costs.

Profit per property will be decreased due to the cost of hard money, but overall year long profit will be significantly increased due to the volume hard money financing allows for.

Maybe they bought just before a huge increase or after a smaller decrease but most have been professional enough to know that the market is what it is and mostly it's fools think they have scammed the seller.