Tax deed properties earn 12% interest.  Should a interested party (past owner or mortgagor) seek to redeem the property with right of redemption. They must pay back what was paid to the county for the tax deed. the co...

From the research that I've done, I've found to calculate Property Tax that you use the Millage Rate for the county that your purchasing in.  Correct me if that is not right.  After searching for the Millage rate of m...

When underwriting multifamily deals, I frequently hear people say "cap rate is xx when adjusted for property tax". Can someone expand on how this works and why it should be adjusted this way? In projections, we usuall...

My wife and I work on the road and have roommates who occupied the residence for the entire year of 2022. I was informed that as long as we were not charging over the FMV rental rate it would not be taxed as income. A...

Greetings fellow investors,I am close to get into my first property and I am wondering about the following.We are all aware that the interest paid on the mortgage is tax deductible but ......A) Does the deduction rela...

Does anyone know what the property tax rate in Lakewood, OH is for mixed-use property? I’m assuming it’s different than that for strictly residential (2.93%)?

Hi all, I recently received my property tax bill for a new rental I purchased this year. The previous owner was an older owner-occupant and paid virtually nothing in property taxes due to homestead and other elderly e...

When it comes to lending, it is fairly common knowledge that properties with greater than 4 units will most likely require a commercial loan. Properties with less than 5 units are usually qualified for typical residen...

In 2017 my husband and I sold our home that we’d owned 4 yrs. AND my mum’s only home which has my name on it too, just because she felt it best to do so. (We bought a diff house and live together)At that time we didn’...

I have noticed lots of properties, where the owners were running Airbnb or Vacation Rentals, are for sale. When I dig deeper, I noticed that almost majority of these properties had one thing in common. They are all sl...