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...
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?
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...
I am an aspiring REI and new to BiggerPockets. I am wondering how much does property tax rate affect decision making on which areas to invest in. I do not see this a much talked about topic. I thought this is importan...
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