Eric H.
Help with Depreciation
I'm wondering how you determine the depreciation on a rental.Let's say you buy a property that was just rehabbed and buy it for $100k and it gets appraised for $100k.You look at the tax assessment and it says the land...
Jamie McKenna
Building Equity
Hello All!Two part question here...I'm looking at purchasing a 4 unit building that is assessed at 150,000 and is listed at 125,000. The assessment is from 2012. Does that mean if I purchase it for 125,000, will I a...
Kumar Tummalapalli
Rules of thumb / Heuristics to know if it's a truly true "Deal"
What uncommon "rules of thumb" / heuristics do you use to decide if it's a real "deal " ? The ones I use : ( these are not uncommon though :-) )1. AVM like zillow / realtor and so on2. Tax Assessed Value ( know the e...
Rahul Kanani
Upset Sale PA, Delaware County - Quiet Title Action & Abandoned Personal Property
I have recently received the Tax Deed to a property which I purchased at the Delaware County PA Upset Sale. My plan is to rent out the property and refinance the property as soon as possible. I have a few questions re...
Michael Shvarts
Massive Ohio Property Tax Hike
We bought our first property near Cincinnati, OH a little over a year ago, a duplex for 140k. I did what I felt was thorough due diligence on it, and observed that despite selling for 100k in 2000, 115k in 2005 and 12...
Tyler D.
Illinois Veteran property tax exemptions for multifamily?
I am a disabled veteran eligible for the full property tax exemption in Illinois, which allows me to pay no property tax on a property of up to $750k.
I'd like to use this to house hack a fourplex, but I'm unsure if...
Eli Rods
Property Tax Appeal Professional in Wilmington, DE
Can someone please suggest a professional to help me out? I would like to appeal property taxes for my multi unit building.
Thanks.
John Wright
NE Ohio Property Tax Assement Decrease over years
I was looking through some property tax value assessments on https://myplace.cuyahogacounty.us . I see places that are selling for higher prices each year, but have strange looking tax assessment valuations. How can I...
Sunny P.
Have you been wildly successful with condos?
I am particularly interested in hearing about success stories when it comes to condo investing.there are a lot of you on this forum that have been very successful with condos but majority hate it. So tell me why you ...
Corey Dickens
Non-Commercial Multifamily Refinance Question
I have a question about multifamily properties below 5 units. Is the property assessment for cash out refinance looked at from a residential perspective or as a true multifamily perspective? The level in equity is v...