How much income due would i wage on a $160,000 house contained by austin as a second home. Thanks?
Answers:
it's the property charge you should be concerned about
None, unless you sell it.
Property tax (I'm assuming to be precise what you meant) is averaging around 2.75-3%, but it depends on where you live logically. Most houses in the nouns are going up the maximum 10% in appeal each year as all right (of course they can raise it more than that and you own to protest it each year to preserve it at 10%).
Keep in mind though, that at hand is no state income tax surrounded by Texas.
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