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Updated almost 4 years ago on . Most recent reply

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Jonathan Bell
  • Investor
  • Atlanta, Ga
17
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66
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New investor insurance confusion

Jonathan Bell
  • Investor
  • Atlanta, Ga
Posted

I'm underwriting a property and I'm trying to implement property taxes into the expenses but they aren't listed in the t-12. Any tips on figuring this out? 

Most Popular Reply

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Nick B.
  • Investor
  • North Richland Hills, TX
1,112
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Nick B.
  • Investor
  • North Richland Hills, TX
Replied

Look up the property at the county property tax website. It should have amount of taxes assessed on that property for the last year. 

Then look at the way property taxes are calculated going forward. I.e., how will the taxable value change upon sale and what it the tax rate.

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