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Results (10000)
Gaurav Malhotra Depreciation Question for Commercial Real Estate
23 March 2020 | 5 replies

Hi, I am purchasing a commercial real estate (offices). here is the data:1. Cost: 1.1Mn2. Originally went into service in 1965 (55 years ago)3. Assessed land value if 70% and Building is 30% per the county4. Useful li...

Jeremy M. Potential deal....or banana peel?
26 June 2017 | 10 replies

Hi all! I'm having a little bit of head knowledge vs gut feeling conflict and I'd love to hear some different takes on my situation. I currently work a full time job with minimal time for deal hunting in our fairly to...

Gerald L. Washington condo in distress
2 September 2012 | 6 replies

i was looking at a Washington condo, where they just had an emergency assessment, the city required the condo association to redo the club house due to land slide. the association came up with 1.5 million dollars to ...

Michael Klinger Pro Forma Property Tax Evalusation
20 May 2017 | 7 replies

In evaluating possible deals and given there are so many different jurisdictions and approaches to property tax assessments.... Is there an effective way to get a solid idea of how taxes will re-assess in a particular...

Chihiro Kurokawa Property tax-Mill rates for MF investing
3 November 2017 | 13 replies

Suppose I'm evaluating a deal and the in-place mill rate is 2.489%. Am I simply going to multiply that by my purchase price in order to calculate my property taxes?I ask because the broker proforma indicates the follo...

Sinead Norenius No HOA reserves but operating funds look good - should I run?
13 December 2019 | 12 replies

Hi BP Community!  Total newbie here - so bear with me if this question is obvious to others!  My husband and I considering putting in an offer on a small 1-bedroom 1 bathroom condo in St. Petersburg, FL. Using the Dea...

Marcus Johnson Taxes, taxes and more taxes
24 April 2019 | 24 replies

So once again I'm looking at the proposed tax assessment of my South Minneapolis Duplex and for 2019 they have gone up once again, but this time 20%.  I've owned the property since 2014 and the taxes have gone up from...

Edward B. Tax writeoff on a charitable donation of property in Virginia
17 February 2016 | 10 replies

I attended a local REI meetup last night and the guest speaker was an auctioneer with 37 years of experience in RE investing. He was selling a strategy of buying properties on cheap because they were good for nothing ...

George Goldstein Lying about real estate price
11 November 2024 | 12 replies

You know how when you buy a used car from a private seller you tell the seller to say he sold it for $3000 instead of $18000 so your dmv tax is lower? What prevents you from doing the same for real estate property tax...

Vidyadhar R. ownership transfer from self to llc after refi
10 October 2021 | 1 reply

Hi members after doing refi in a BRRRR can we transfer ownership from self to an llc for asset protection or does that require another refi? Are they both unrelated? I'm concerned that when the property is assessed as...