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Updated almost 3 years ago,

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Matthew Nelson
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100% DV in Texas: Property Taxes on Multi-family?

Matthew Nelson
Posted

Can you "house hack" a 2/3/4 unit multifamily as a 100% VA-disabled veteran in Texas and avoid paying property taxes if it is your primary?

As a disabled veteran, with a combined 100% rating through the Department of Veteran's Affairs (VA), you can avoid paying property taxes on your primary residence all together in the state of Texas, as well as some other states. Ah thank the Republic for their patriotism...

Regardless of whether you use a VA home loan to acquire or build a multifamily property; we'll say a four-plex in this case, does the local Texan tax benefit still apply if it is for a multifamily that is your primary residence.

Example: hiring a builder to build out a four-plex property, purchasing an existing four unit property, or renovating an existing multifamily and making it your primary residence (moving into one of the units). Would you still be able to avoid paying property taxes on the entire multifamily property in the state of Texas as a 100% VA DV?

As a bonus question - if you are selling your primary single family home (SFH), which is financed through the VA, can you 1031 exchange into a four unit?

Thanks!


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