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Updated over 5 years ago,
Considering leaving high property tax San Antonio
San Antonio Buy & Hold Investors,
I'm interested in perspectives on the phenomenally high San Antonio property tax. I have two SFR properties in the NE area in B+/A- neighborhoods and I'm forking out about $10K per year in tax between the two. I'm thinking of selling and putting that equity to work in another market where property tax is reasonable and cash flow would be much better (not as interested in appreciation, which I understand is good in SATX right now).
Convince me that I’m completely right and should do this ASAP.
OR...
Convince me that I’d be making a terrible mistake!
Cheers!
Eric