Mallikarjun Reddy Pateel
Property Taxes input?
Hello Chicagoans,
we are looking at a couple of Multifamily properties around Chicago, wanted to clarify a few things about property taxes and Valuation.
1. I see cook county calculates property taxes on a 3-yea...
William S.
Milwaukee Property Tax 31% Increase in One Year?!
Just got my property tax bill and it went up 31%! This is for my primary residence. I don't have any rentals in Milwaukee because I was concerned of their high taxes. I haven't added any additions to the property. Has...
Benjamin C.
Property Taxes in Indianapolis - Don't these have to rise?
Hi All,I've run the numbers on a few investment ideas in Indianapolis, the numbers look good on paper, but the cash flow seems to be to be helped by the low property tax rates. I'm curious people's thoughts on the ris...
Reyansh Budhagoda
Condo vs. House with a land appreciation
Hello All,I am looking into STRs in holiday destinations near the beach. Does Condo vs Houses in these areas appreciate differently? Should I be concerned about future that can occur?
Trey Eaton
Tax Adjustment Strategies for Multifamily Apartment Buildings
I have an (11) unit apartment building in Lakewood, OH, and I am trying to figure how to best approach re-negotiating with the county for lower taxes. The property was purchased at $335K and I am paying property taxe...
Michael Henry
Property Taxes in Milwaukee, WI
How do you budget for end of the year Special Assessment that might show up on your tax bill?
Michael Delmont
Lawyer Gave Away Money at Closing
I just closed on the sale of a property in IL, which has to be done through a lawyer. The lawyer provides the title company with all of the numbers as to who needs to be paid and what the amounts are. The property is ...
Johnny Situ
Rental Properties Investing Strategy in South Carolina
Hi BP Folks,Considering high properties tax rate and operation cost for rental properties in SC, what can you do to maximize your portfolio ROI in this area? I have a couple of rental properties in SC but the taxes fo...
Marc Bresseau
Appealing Taxes in Miami
I have a recently bought property in Miami that was reassessed for tax purposes for almost $300,000 more than the previous assessed value. The seller had owned the home since '92 which is why the previous year's asses...
Ali Hashemi
Tax implication of selling one property from commercial loan
I have multiple duplexes under a single commercial portfolio loan. I'm interested in selling one of the properties and leaving the loan intact. If I sell one of the properties is it considered 'taxable gains'? My goal...