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Updated over 4 years ago,
With no property taxes, where would you buy?
Hey BP,
I'm in a fortunate situation due to being a disabled veteran, where I am able to buy 1 property that will be completely exempt from property taxes. Seeing that Illinois has very high taxes baked into the price of its properties, I thought that this might be the perfect place to do this. I would need to live in one unit, so I'm thinking a 2-4plex would be the best way to use this benefit.
I don't know much about Illinois, though I did live near Chicago for some time. Where do you think would be the best market to take advantage of this opportunity?