Sylvia Castellanos
Price of delinquent properties in Mississippi
I am wondering if anyone has ever bought properties off Mississippi's delinquent property list. Unlike other state, it does not provide an amount that is the minimum offer. Instead you have to express in writing you...
Alexander Zurn
Why Would the Value of Land Decrease so Drastically?
I am looking at properties in Warren, RI and multiple properties land value substantially decreased in 2013, between 15-30k! I'm just wondering what would explain this? The price has stayed the same through the 2015 a...
Colin W.
Conversion to Rental Property - Tax Basis
When converting a property from personal use to a rental property, I understand you use the lesser of the adjusted basis (AB) or FMV. I've looked at comparable sales in the neighborhood at around the time of conversi...
Account Closed
Property Tax Appeal Process in Cook and Collar Counties
You may have just looked at your property taxes and were shocked at the amount you are responsible to pay. Property taxes are a significant financial burden which makes it all the more important to make sure your prop...
Heath Bressette
USDA house hacking analysis
I'm currently looking at my first house hack. Looked at a property recently but unsure if it's a good deal.Asking price $215,000USDA financing availableDuplex: 1 unit $1200/mo, 2 unit $750/moBuilt in 1883 and very wel...
Matt Leber
Homestead Tax Portability on 1031 exchange converted to Primary
Hi BP community, I have a unique homestead tax question. I did a 1031 exchange a couple years ago and traded a rental duplex into a single family home that we rented out near the beach. After 2 years, my family’s circ...
Account Closed
Cook County Property Tax Appeal Process
You may have just looked at your property taxes and were shocked at the amount you are responsible to pay. Property taxes are a significant financial burden which makes it all the more important to make sure your prop...
Jared Paul
Do taxes change based on purchase price?
Hello Everyone!I am in the process of closing on my first multi-family property in the next couple weeks and I am about to put in an offer on a second.I was curious about what/if there is any change to the tax rates o...
Jim Butcher
Multi Unit Tax Information
I am looking to invest in a mult-unit building (Quad) and am currently evaluating what is a good deal. I was trying to find the yearly taxes that would have to be paid but on the Assessment and Appraisal link I find T...
Hanna J.
Cape Coral - Property Tax & Insurance
Hi BP members,I have a quick question for seasoned investors in Cape Coral FL.I am actively looking for a deal there at the moment but I hear very different information from different people about the accurate tax and...