Thanks for stoppiong by to visit my guest page. Welcome to the DG website and congratulations for taking action with real estate.
In regards to your tax question for Indiana vs. Kentucky, I would guess when they are stating that the taxes are higher in Indiana compared to Kentucky they are probably referring to the proeprty taxes you would pay on a typical property. Sometimes you have to consider various other factors when looking at a potential deal.
If you are considering buying and holding the property for future income, as long as the revenue exceed all your expenses it would be a positive cash flow property. The more positive cash flow the better. You should also consider the price of properties and the terms in which you could acquire them. I hope this helps. Good luck with real estate investing. Believe and Achieve! - Joe
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Charlie,
Thanks for stoppiong by to visit my guest page. Welcome to the DG website and congratulations for taking action with real estate.
In regards to your tax question for Indiana vs. Kentucky, I would guess when they are stating that the taxes are higher in Indiana compared to Kentucky they are probably referring to the proeprty taxes you would pay on a typical property. Sometimes you have to consider various other factors when looking at a potential deal.
If you are considering buying and holding the property for future income, as long as the revenue exceed all your expenses it would be a positive cash flow property. The more positive cash flow the better. You should also consider the price of properties and the terms in which you could acquire them. I hope this helps. Good luck with real estate investing. Believe and Achieve!
- Joe