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Updated about 8 years ago on . Most recent reply

User Stats

101
Posts
63
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Michael Klinger
  • Rental Property Investor
  • Rancho Mirage, CA
63
Votes |
101
Posts

Pro Forma Property Tax Evalusation

Michael Klinger
  • Rental Property Investor
  • Rancho Mirage, CA
Posted

In evaluating possible deals and given there are so many different jurisdictions and approaches to property tax assessments....

Is there an effective way to get a solid idea of how taxes will re-assess in a particulart jurisdiction once the property changes hands? 

I'd imagine you can call the jurisdiction and ask how it will be re-assessed. But I also wonder if getting a random person on the phone is effective or accurate or if there is a willingness to cooperate over the phone? And will their answer be accurate? Or will it be a big fat "it depends?" And so on.

I know exactly how it works in three jurisdictions I already pay taxed to. Just wondering how to manage this if I am looking at  possibilities going forward. Online resource that is one stop shop for such data?

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