Originally posted by doghouse
View Post
Originally posted by RiverRat1
View Post
Worked for me. I sold 24 acres in Burnet county because of property taxes. It wasn't ag exempt. Put a good amount of the money from the land in the stock market and have made a good return on it since then. Way more than I would have made on keeping the land.
Because of property taxes, when I retire, I plan to move to a low property tax state. I see me living somewhere like Alabama or Colorado in my future. Last summer's vacation to Gulf Shores my wife and I started looking at places to go ahead and buy now. Thinking of buying a place around Gulf Shores and VRBO/AirBnB it until I retire. At a minimum, I'm moving out of Austin to a place where property values are much lower.
Comment