Greetings BP Fam,Before purchasing a house can you fight the local jurisdiction to get the tax assessment lowered in order to lower your property taxes that will be due at closing? Especially since you are purchasing ...
Hi BPer,
Today, I received a letter from the Board of Assessors in regards to Law Section 38D Chapter 59. This law states that I required to provided "Written Return of Information to Determine Valuation of R...
Hello BPers,Please advise how to how to appeal property tax increase in Flordia while leaving out of a state of Flordia? I read about VAB but seems it only in-person?Any ideas are much appreciated!P.S. Question is for...
Hi BP,
I purchased a 3 unit multi-family property in Washington DC in mid October 2019 for 1,050,000 with 20K in seller credits. An identical property on the same row of row-houses sold a month after mine for $1,0...
Multifamily operators, you no longer need to stress over filing annual tax appeals.
In this article, we'll walk you through the steps to successfully navigate the process in any market. Let's dive in!
1. Research ...
Hello Chicago, Newbie question here on tax reassessments. 1. Just got my reassessment notice and the value went 50% up. This doesn't mean that my property tax will go up by 50% correct? Is there a way to estimate the ...
Hello again BP,I'm looking at a duplex in a suburb of Chicago as both my primary residence and my first home, live in one unit while I rent out the other. I'm looking at an FHA loan to get this going because I don't h...
BP experts,
I just received my tax assessments for 2013. Most seem fair, but one is 2.5X the appraisal value from my refinancing (about two months old now).
I disagree with the appraised value, but it ...
In Allegheny County, when a home sale occurs, it seems like the county automatically reassesses the home for the new purchase price. What happens when a home is sold at a fraction of the assessed value? Does the cou...
Hello All,I am in St Louis area (west county) and am wanting to get my foot into real estate investing. I was interested in whether i should look to flip first or to invest in a rental. My goal is to build a business ...