The Impact of Local and State Real Estate Taxes on Investment Decisions

[Bette Hochberger]

When investing in real estate, don't overlook local and state taxes. These can significantly affect your ROI. High property taxes might be offset by better rental rates, or vice versa. Research the tax landscape before investing. For example, states like Texas have no income tax but higher property taxes, which can impact your strategy. Understanding this balance is crucial for a savvy investment decision.