Dan H.
Supplemental tax property tax increase for off market purchase
Property is in Escondido, CA.I have purchased directly from the owner twice prior without getting a supplemental increase to the accessed value for property tax purposes. My off market purchase that closed New Years ...
Adam Brown
Buy-and-Hold Supplemental Income-projecting to next purchase
Greetings, and Happy Holidays to you all!I'm highly considering a property, selling for $350k, 100% occupied, $3k/month, i.e., 36k per year. Mortgage 2k/month.This is my first property, so I'm being lead by a guru (wh...
Account Closed
$1,300 PROPERTY TAX + $6,000 in 'SUPPLEMENTAL' TAX (LA County)
wondering why the 'supplemental' tax is so many times greater than the 'property' tax itself =[(shouldnt it be the other way around?)
Shane Moss
Security Deposit & Pet Deposit - Can one supplement the other?
Scenario 1: The wood floors need to be refinished because dog urine has ruined them and the pet deposit doesn't completely cover the damage. Can part of the security deposit be used to cover the rest?
Scenario 2: ...
Shawn French
Intro to Real Estate Investing: supplement to 90-day challenge
Hey, all you who are motivated enough to take this 90-day challenge! Let's conquer these next 90-days together!If you're not yet convinced of the value of this last quarter, listen to @Brandon Turner as he explains h...
Nathan Stanley
🤢Supplemental taxes?? How much can I expect the bill to be??🤮
Quick questions- What kind of taxes and who pays?
Senario-
Family #1 buys at $700k in sunny California🏝in 2015. Family #2 wants to come in and buy at the new property in 2021 valued now at $1m. Family #2 now needs t...
Eugene Y.
California: Seller to Disclose
The following the requirement for the seller to diclose in California. 1102.6c. (a) In addition to any other disclosure required pursuant to this article, it shall be the sole responsibility of the seller of any re...
Wesley Kuo
Property Tax in Whittier, CA
Evening all,I closed an escrow on a duplex in Whittier about a month ago. Friends have warned me that property tax is one of the big annual expenses that cannot be overlooked, so I'd like to be prepared.I called LA co...
Ben W.
Second lien on multifamily
I am looking at purchasing a property and assuming a non-recourse Fannie Mae mortgage in place. Is there any way to get a second mortgage on the property?
Cindy Joseph
House hacking with duplex- umbrella or landlords insurance ?
We purchased a duplex and will be living on 1 side and renting the other. I found out llc is not a good idea. Do I need umbrella insurance or landlords insurance or both? Landlord is significantly more than umbrella.