Innovative Strategies
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

Ideas for Deal structure for back taxed property
This would be for a 2 unit deal both half commercial half residential. One property is run down and seller says it's better to tear it down however the other one would need about 60k in reno costs. Seller mentioned they have 20k in back taxes. I'm thinking the best way to get properties is offering to pay the taxes off. Any thoughts? Have you gone through a similar deal?