Austin real estate investors should be concerned about some of the proposed tax changes. Politicians seem to be focused on getting more tax revenue from capital gains and this could have major ramifications for all investors – even if you only have one rental property.
Even though nothing is finalized yet, at some point – in the near future – there will be new tax policies. There is no need to make adjustments until then, but there are a couple of things you might consider that could make sense no matter what the eventual changes look like.
Charles Lewis is a REALTOR® in the Austin area. He helps people all over the greater metro area buy and sell houses. Schedule a no-obligation phone call to find out he can help you accomplish your real estate goals.
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