Posted by Robin Jean Buchanan on January 25, 2002 at 08:54:50:
I am not sure if I am doing this right, but I need help. I want to invest in property in the Sacramento Area in California, I can pay cash, no mortgage. Thinking of duplex or triplex. At the end of the year, how does the tax situation work? Since I have no mortgage, what expenses do I get back, like the property managment services, property taxes, homeowners insurance, repairs, what do I get back at the end of the year? What are the property taxes in Sacramento California on a property about 250 thousand?If I pay cash, (need to, credit has been distroyed through divorce) how do I support myself through a investment property?
Thanks for any help
Robin Jean Buchanan at: email@example.com