Bethlehem, PA · Member since 2009 · 46 posts · 1 vote
I purchased (2) guru courses for Sub2 and one thing (there were others) that wasn't mention is:
If I purchase a home Sub2 and the underlying mortgage has escrow for taxes... How will that work since the escrow is in the sellers name and when the deed is changed the tax liability will show up with my information.
How would that work for the paying property taxes? And the escrow for taxes?
Rental Property Investor · Denver, CO · Member since 2020 · 28 posts · 9 votes
3y
Hi @Rich Johnson! I recognize this is a very old post, but wondering if you've learned more about property taxes and how to address them in a sub2 deal. I'm worried about triggering the due on sale clause if the taxes are paid through escrow (seller) but the title is in my name so the county/state expects to receive taxes from me