When Choosing a Location in Which to Invest, Pay Close Attention to Local Issues
Shareholder Brendan Lynch was quoted in a Mansion Global article discussing how local conditions, including savings on income tax and property taxes, can affect real estate investment decisions.
“Folks always look at that financial structure first, everything from the state income tax, or lack thereof, for Florida or Texas, to the local county millage rates,” Lynch said. “They can look at local county millage rates—property tax—and see what New Jersey is versus what Florida is and say, ‘I'm paying how much extra?’"