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Updated over 5 years ago on . Most recent reply

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Daniel Alzate
  • Real Estate Broker
  • Fort Lauderdale, FL
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Analyzing MultiFamily deal

Daniel Alzate
  • Real Estate Broker
  • Fort Lauderdale, FL
Posted

When analyzing a multi family property would included the current property tax, or would you calculate the projected tax based off the potential purchase price?

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Michael Le
  • Developer
  • Houston, TX
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Michael Le
  • Developer
  • Houston, TX
Replied

You should be running numbers based on how you can run the deal - that goes for income and expenses. So yes, use the tax based on what you think it will be, in which case will likely be closer to what you paid for it than what it is currently.

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