Hi there,
I've had a hard time getting a straight answer from lenders / the county on this one so I thought I'd ask BP.
1. Tax Rate: What's the tax rate like in Salt Lake City (looking at South SLC - Sugar House, Mi...
Hey everyone! I'm just trying to see how property taxes are actually calculated in Maricopa County, AZ. Based on what I read on TurboTax, the county assessor determines a home's full cash value(FCV). From there, a val...
First of all, I am still new to this forum and REI, and I am doing my own research about REI One of many questions that I have in REI is how do you accurately estimate the property tax that you might potentially buy? ...
If someone made 200k and had 250k in LTCG, then would they would have to pay 25% on the entire 250k since the LTCG is around 441k? Would their ordinary income rate also go up?
Tried searching to no avail.If I'm doing a seller financing on a deal, owner has 100% equity (6unit multifamily), and we agree on terms.When we record the "sale" is that recorded at the county records office? And then...
Here's my scenario, I just started flipping this year, I'm flipping under an LLC, I'm on my second flip - first one went well second one is going OK. I will own the second property for about 4 months (hopefully, its...
Hey just wondering if anyone had any thoughts or similar experiences:
I own a duplex in Logan Square purchased for $609,000 in August 2019. As of May 2021 it was valued at $650,000 according to zillow. My property ta...
I was talking to my dad, who is very skeptical about buying rental properties, and he warned me to watch out for the government raising the property tax after purchasing the property.He told me that in his current hom...
Any tax advisors that can reduced the assessed tax rate on my friends apartment building?
Hey guys,I asked two different CPAs this question and got two completely different responses so I figured I'd turn to you smart folks at BiggerPockets lol.If I invest in an out of state property but live in another St...