Appraisals and flip taxes
Started by David2016
over 5 years ago
Posts: 110
Member since: Feb 2016
Discussion about
I am wondering whether appraisers take changes to the flip tax into account. And if they do, would they be more likely to do so before a sale that was the first one with the new/lower flip tax? Or would it count more for a prior/closed sale that was first with the new flip tax when taking into account a significant price difference between 2 past sales. And as a secondary (lower priority) question, do appraisers take into account differences in income cap?
We are talking about a change from 30% to something like 20%