Anyone wants to learn and go to Harris County Tax live auction tomorrow - July 3rd?

Since the property taxes increase substantially, and real estate being so expensive it is really to start real estate investment locally.

Since the property taxes increase substantially, and real estate being so expensive it is really to start real estate investment locally.

I have looked up the MLS and tax account information and have found the same information.

and if you really want to get into the weeds, interest is tax deductible.

3- Are there any tax consequences of which one should be aware?

I read the forums as much as I can, and there is great information here, but I'm still a little shake when it comes to the financials and taxes.

Just set your tenants on 6 month leases and update the rents twice a year if it worries you that much.But if there are more restrictions, like a city-wide proposal that only allows you to increase the rents 3% per year, be on the watch for a MAJOR retaliation from landlords city wide.Here’s the thing about business-minded people… you can’t tax them.

you can sell the one you lived in and pay no tax.. as it was owner occ that's appealing. other wise its really personal decision and you will get 17 different opinions on what to do on this site that's for sure. :)ya we sure hate that gambling for appreciation.. but some folks have to live with it.. good job.

Never mind that the property is located in Baltimore MD but after looking at the taxed assessed value of 227K I have absolutely no idea how she got to that valuation.