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Updated over 5 years ago, 06/13/2019
Dealing with high property taxes
Hi Bigger Pockets!
This is my first post, so be gentle. I wanted to reach out and see if anyone has any advice about investing (buy and hold) in areas with high property taxes. My specific situation; I'm military and we're moving to San Antonio, TX in a few months. We're looking to kick off our investment portfolio by purchasing a home to live in for two years and then rent out. Almost all of the reasonably priced homes have zero to negative cash flow as a result of the high property taxes in the area ($6k per year for ~$250k home). Any advice on dealing specifically with these high taxes? Thanks in advance for the replies!
-Jake