Closing on a property thursday and I called the property appraisers and millage rate is 25. 900,000(purchase price)x25 divided by 1000 = high taxes. I should have looked into it earlier but this cuts into my expenses ...

All,I came across an opportunity that has the following numbers.  I am trying to figure out if I should pull the trigger.Neighborhood: C+/CAsking Price: $40,000Monthly Rent: $800Last year's taxes was $851Annual NOI: $...

I am a new investor. I'm looking at a property, asking price roughly 220K. The 2020 tax assessed value was 183K. If I buy this property at the asking price, will the 2021 taxed assessed value be 220K?
In general how ...

I have talked to the Hendricks County Assessors office a few times and it sounds like if you designate a property as a rental with the county they say it can (depending on the area and the current assessed value) save...

Before closing on an investment property, I undertake several crucial due diligence steps to ensure I make an informed decision. These steps include:
-Property Inspection: Engaging a qualified inspector to thoroughly...

Does anyone have any experience challenging a county assessment of property value? The Wichita Falls county assessment is attempting to raise my property value fby $10k for the second year in a row. I didn’t object it...

Hi, new to BP and love what I'm seeing so far!  I'm an AZ-licensed RE agent and have a question that nobody seems to have an answer for (except possibly an attorney).Situation: Auction.com is having an upcoming forecl...

I'm brand new to investing and planning on purchasing my first short term rental in Navarre, Florida. I'm have a really hard time running numbers to get an accurate idea of how much it will cash flow and it it would b...

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...

I'm surprised I haven't seen any talk of this in the forums (or maybe I just missed it). But the insane tax increases in Jackson County, Missouri (Kansas City) were deemed illegal:
"Missouri’s State Tax Commission or...