Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Tax value vs purchase price
Hi BP,
I am new to investing and I am looking to purchase my first rental property. I have found one that I am interested in, but I noticed that the tax value on the house was double the purchase price. It has also been on the market for a long time. Is there anything that would be concerning in this type of situation? I can't seem to find any answers for this.