William Coet
Super High Property Taxes. Sale May Raise Assessment
If a property is assessed for much lower than it sells for, the assessor can raise the assessment to the sale price. This would make the property tax expense too high to cover other expenses (mortgage, insurance, mai...
Ryan H.
Assessing the Value of a Cash Out Refi
I need a little help thinking through the value of refinancing. Let's say I have 50% equity in one of my rental properties, and I have desirable financing on that property (30-year fixed @ 2.75%). If I do a cash ou...
Bruce Dickinson
Legal help wanted, Seattle area - loss assessment representation
Hello,Our condo association has approved a major work to be done on all the buildings in our complex. The work is mostly needed due to damages caused by the years (weather, etc). The condo's HOA had several master pol...
Kyle Kovats
Best Multi-Family Assessment MGMT Books and Courses
Curious to hear from others what have been the best books you’ve read on asset mgmt and further the best courses you’ve taken. I will be taking the IREM asset mgmt course in the next few months and have read books suc...
A Epistemophile
Situation Assessment needed from the kind BP Investors
Hello BiggerPockets!
First off, thank you so much for taking a second to read this post! It is with a heavy heart that I am in a bind. Pretty much grasping and looking for a Situation Assessment from the kind souls ...
A Epistemophile
Situation Assessment needed from the kind B.P. Guru's
Hello BiggerPocket’s Guru’s,
First off, thank you so much for taking a second to read this post! It is with a heavy heart that I am in a bind. Pretty much grasping and looking for a Situation Assessment from the kin...
Lois S.
County Assessor "Use codes" affect on Tax Assessment
What effect does the "use code" of a property have on the tax assessment?For example, I see that the use code on a property that I know is being rented out is not listed as a multi-family rental, even though it's been...
Dre Ho
ADU Property Tax Assessment in Bay Area, California
For those that have built ADUs in California, especially the Bay Area, have you seen your property tax increase a lot after the ADU build? Do you know how property tax is assessed for ADU? I know they are assessed sep...
Karl Kauper
Disputing a Property Tax Assessment in Euclid, OH
Can anyone advise how easy/difficult it is to successfully dispute a property tax assessment in Euclid, OH? My 2022 taxes were $32k. The building right next door to mine pays $25k even though it is very similar in sty...
Josh Teunissen
Tax assessed value, how and when to contest?
Originally I wasnt going to worry until we close in two weeks hopefully. First, the #'s on the duplexTax assessed value- $175000Appraised value- $163400Purchase~ $156000The reason I'm asking now is if we close and the...