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10-25-2007, 11:21 PM
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I need an approximate for taxes and insurance expenses for an investment
property in upstate New York.? I'm 23 and brand new to real estate and was wondering if someone knew how much I would approximately have to pay for, lets say a duplex worth around $100,000 in upstate New York. What kind of taxes would I have to pay for this (state, fed, local???) how is it calculated, and what kind of insurance do I need? This would be a rental property that I would also be living in.
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