Skip to content
Tax, SDIRAs & Cost Segregation

User Stats

8
Posts
6
Votes
Susy Santos
  • Rental Property Investor
  • NJ
6
Votes |
8
Posts

Property Taxes - Converting commercial to residential - HELP!

Susy Santos
  • Rental Property Investor
  • NJ
Posted Nov 9 2018, 05:25

Hey All,

We purchased a multi use property in Union County, NJ that included a 2 story home on one side and small warehouse space (more like a glorified garage) that is attached to another single story building previously used as an office building. We have since converted the office space to a live-in residential space. The space is currently classified as 'commercial' so we are paying commercial property taxes. Looking for any advice or feedback regarding converting it to residential. Thanks!!

Loading replies...