I am guessing you mean what happens if the sales price of your house is not enough to cover taxes owed.

My sister and I are currently analyzing single-family and small multifamily rentals in Cleveland (Cuyahoga County), and we’re trying to get a more accurate estimate of property taxes for deal analysis.We know that the current tax amount shown on the Cuyahoga County Property Search site is based on prior assessed value, and taxes don’t always adjust immediately after a sale.

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. -- Aspire to post action-oriented updates here as a way of (a) holding myself publicly accountable, (b) maybe sparking a few good convos, and (c) getting some good constructive feedback! 

I only have a dozen properties but I spend less than an hour a month and half of that is accounting because I like doing it.

It's the most robust accounting platform we've found so we're all in on it.It does take some bookkeeping/accounting knowledge and/or experience to run correctly though which is the #1 complaint we hear about it from REIs and other professionals in the space.Happy to discuss more.- Time Capital Bookkeeping (REI since 2019)

5) For electric & gas, get proof tenants have set up accounts in their name BEFORE giving them keys.

I think there’s a lot here on the tax side.

When done right, pairing REPS with strategies like cost segregation or short-term rentals can unlock some serious tax savings.Really like how you framed it, appreciation and cash flow get the attention, but taxes are often where the real wealth is built.

Basically, do the economics of the deal mirror the reality per the tax return.