Hey @Vanesca Charles, property tax is slightly higher in Texas, but it's not a problem if you factor it into your analysis before you buy the property.

So your tax estimate will be lower.3.  

Otherwise, the tax benefits of the STR go away.Its a very powerful strategy but there's a lot of pitfalls.

Bigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation, 1031 exchanges and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Huge property tax relief bill signed into legislation that will raise the homestead exemption by 40% including - Homestead exemption increased to $140,000- Exemption for seniors and disabled Texans raised to $200,000- Business personal property tax exemption expanded to $125,000https://www.kxan.com/news/texas/gov-abbott-signing-10-billio...

I'm Justin an Enrolled Agent and tax advisor based in Cookeville, TN which is halfway between Nashville and Knoxville on Interstate 40.

I’m  a new investor based in the Austin area, and I’ve been diving into the world of tax deed sales here in Texas.

They will conduct a title search to ensure there are no issues with the property's title, such as liens or outstanding taxes, and facilitate the closing process.As for paperwork, you'll typically need:The purchase agreementAny addendums or disclosures related to the propertyProof of funds or financing documentsYour identification and any necessary corporate documents if you're buying through a business entityGood luck on your journey!

Even if you just use the 10 years since WF signed a lien release.

if tenants cant pay rent they probably dont make enough to pay income tax or thier tax is taken out of their pay check.. non starter on most levels