Buying a house that has no year built listed
I'm considering buying a house that does not have a year built listed anywhere that we can find. It's not in the tax assessor's, courthouse records, or MLS.
Any red flags or consequences I should be aware of as I consider this deal?
Not sure if there are tax implications (like how would I be able to depreciate it?) or if it could cause issues for resale if I decide to sell it down the road?
Most Popular Reply
Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Real Estate Consultant
- Summerlin, NV
- 66,539
- Votes |
- 45,123
- Posts
Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Real Estate Consultant
- Summerlin, NV
depreciation starts when you buy it.. not year built so that is not a factor.
when do you guess it was built.. its is an OLD house IE built in the late 1800s or early 1900s ???
does not really matter .. what matters is the condition of the house today.
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners