I have spoken with many investors about how they handle their property taxes and the overwhelming majority seem to appeal their annual assessment only when the value jumps a certain percentage (say 5-10%). There are a...
Hello BP I am struggling with rising property taxes in Houston, TX. With constant increase in home insurance and ppty tax... tough to be cashflow positive. How are you guys dealing with it?I hear there are companies w...
I'm just getting started out in Chicago and am wondering why there is such a disconnect between the county assessor's value and the market value of properties.For example, I've looked at several MFHs on the market in ...
Hi BP community! I'd like to share a tip that could save you thousands of dollars when purchasing and selling a piece of real estate. A tax prospect I recently worked with shared some information on how they got scr...
Dear BP community, I've bought a condo last year in Downtown Miami, and this is my second year of property tax assessment. I bought it for $240K and the assessed value then for tax purposes was $163K. This year's asse...
I'm looking at the county records for a Single Family Home and it is currently Assessed for 10K but then it lists: Current fair market value 165K... Could I assume that value would be close to the ARV? What do I do wi...
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...
Looking for some help regarding property tax estimates on the MLS listings. I'm located in Pittsburgh and the city is in a bit of a tussle over property tax assessments/appeals. Right now, my partner and I are in the ...
3. Appellate Court Rules That Under Certain Circumstances a Buyer of a Foreclosed Condominium Unit May Be Responsible for All Unpaid Assessments Owed by the Previous OwnerPursuant to the ICPA, a purchaser of a foreclo...
Hi BP! So I am wondering if there is a limit to how much your real estate tax can go up in a year? I am going to guess there is no limit, but was just hoping. I purchases a property and got the taxes lowered by get...