Hi all. This is my first time starting a discussion on BP after lurking for a while and listening to the podcasts for a couple years.Recently I have seen numerous posts, most recently by @Alex_Franks regarding the maj...
Hey Baltimore Investors,I'm looking at a multifamily in the city, but I'm worried that the taxes will rise significantly when I purchase the building. Does anyone know how assessments work in the city? Will the new as...
When viewing property tax history on Zillow, I frequently see these huge jumps in property taxes from year to year, sometimes 100% increases (see attached example). Sometimes these are rehabbed houses, but many times ...
Hello, a partner and I are looking to rehab an old mill and turn the building into an apartment building. How can we determine property tax for our balance sheet once rehab is done and renting 25 units? Will the pr...
Does anyone have any experience reclassifying a legal vacation rental from residential to resort for property tax purposes?The unit I purchases for a vacation rental is classified as a residential property with a 0.45...
Does anyone know of any site that allows you to search non-owner occupied Property Tax rates by county? I've been looking and all I've found so far are simple county websites (maybe coded by the mayor's nephew, in 199...
This is a question in regards to the Providence owner-occupied tax break on real estate. As I understand, you can get the full break on 1-4 units if you owner occupy the property. What about 5+ units you owner occup...
Seller is single and reports W-2 income of $10K. Property being sold is non owner occupied inherited property, owned 10 years. Never treated as income property as it was always vacant. Property basis is $100K, prop...
Can anyone please give me an estimate of what would it be the taxes percentage that one would be paying if one bought a home for $400k and sold it back for $700k.
I understand that we as RE investors will benefit from the drop of our tax rate on rental income and other investment incomes from 35% to 20%. But my question that I haven't been able to find an answer to, is what w...