Top Landlord Friendly States + Purchase Tax Rates

[Troy Williams]

Ranking of top 8 landlord friendly states and their tax rate of purchase price:

• 1.TX (1.81%)

• 2.IN (0.85%)

• 3.CO (0.6%)

• 4.AZ (0.72%,

• 5.FL (0.97%)

• 6.KY (0.72%)

• 7.GA (0.83%)

• 8.MS (0.52%)

SOURCES

• http://capstonecapitalusa.com/the-most-friendly-8-landlord-states/

• https://morrisinvest.com/blog/2016/12/21/5-most-landlord-friendly-states

• https://www.biggerpockets.com/forums/52/topics/175527-the-most-landlord-friendly-states?page=1

• http://www.tax-rates.org/taxtables/property-tax-by-state

These are not the major determining factors of choosing my market, but important ones. I have two properties in CO and being able to deal with non-paying tenants swiftly via the law is important, especially for investors like myself looking to get into much larger multi-unit properties.

Your thoughts or experiences?