Estimating property taxes for analyses
Hey! I'm just learning how to analyze deals and I'm confused about how to estimate property taxes.
option 1: someone told me that property taxes are about 1.25% of a property's purchase price
option 2: the mortgage estimation on the MLS + property tax estimator on the MLS
Which of these 2 options would be more accurate?
Thank you!!
Most Popular Reply
In my market it is public record in the county assessor website. Hopefully yours is easy to access?