TomBlu
2007-09-04 16:09
I am new to commercial and I am interested in buying a 10-unit multifamily rental property in North Florida. I have requested pro-formas on several multifamily properties and they all contain the property taxes that the current owner is paying. I know this is wrong and I want to know what my property taxes will be. Will they be assessed at my purchase price? If so, will the assessment be exactly the purchase price or something like 90% of that?