Skip to content
Buying & Selling Real Estate
Account Closed
  • pittsburgh, pa
1
Votes |
18
Posts

Tax increase and multifamily

Account Closed
  • pittsburgh, pa
Posted Oct 6 2015, 18:22

So the current appraised value of a property I'm in contract in is 1.8mm but my offering is 2.5mm. If I buy the LLC ill have to use the current depreciation schedule costing me thousands a year and in recapture taxes, but if I buy the property outright property taxes will cost me and extra 30k a year. Do I have any other options? Thanks!

Loading replies...