Tax and finance practitioners what % of your clients have any idea ? I find myself surprised at times
Good morning,I put a home under contract with the following terms:Cash no contingencies except personal inspectionBuyer pays all closing costs, including tax stampWhen I went to the tax collector, I found out that the...
Suppose I'm evaluating a deal and the in-place mill rate is 2.489%. Am I simply going to multiply that by my purchase price in order to calculate my property taxes?I ask because the broker proforma indicates the follo...
Does anyone know how to calculate the marginal tax rate? I want to take (depreciation + interest paid) × marginal tax rate to calculate yearly tax savings. The template I'm using has 51% currently plugged in but I fee...
When looking to purchase a home, there are many details to take into consideration. Many people look at the location, features of the home, and, most importantly, the price. While the initial purchase is important, ma...
I live in Illinois and I would like to know if the property tax rate is different if I own a multifamily property than than they are on my house.
We are calculating 1.4%, is that accurate?
Throughout the years thousands of you have regularly used The Ultimate Guide to Grading Cleveland Neighborhoods to assist you in your research & investing in the Cleveland market. As I have stated many times this ...
I'm looking to buy and hold in Fort Wayne Indiana which is in Allen County. The website gives a calculation on property taxes but I'm wondering if it's accurate for me as an investor? Does it take into account tax ass...
Everything is bigger in Texas, including the high property tax rates. While those of you considering real estate investing in Texas are aware of this fact, some of you may be less aware of the wide variance in propert...