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Updated about 4 years ago on . Most recent reply
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Best Single Family Detached Rental Markets
I have a Solo 401(k) Trust that owns outright a 2002 Sq. Ft. 3/2 rental in Humble, TX with $1550/month in rent and roughly $5400 in annual taxes across Harris County, Hunters Glen MUD and the Aldine School District. I'm thinking the rent is likely above average for many areas, but I feel the taxes are exorbitant. I'm thinking of selling this property and moving to a different market that is more friendly from a tax perspective, but also friendly to investors. If anyone can offer suggestions, comments, guidance, I'm all ears! Thank you!
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Hey Michael, I feel as though you may have the best luck in your home state. I know Indiana has great cash-flow potential and you have a competitive advantage knowing particular markets. Correct me if I am wrong...
Either way, Good Luck!