Increase In Property Tax Upon Sale?

2 Replies

Good evening all,

When I am running my numbers on an investment property and I am supplied with the property tax from the owner, how do I calculate the increase in property tax based upon its sale? Also, will the property tax always increase upon a sale?

-Thank You

Depends are where you are....here, the sale price of the property is irrelevant as they use general comps, some places may use your purchase price.