experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

From podcasts to forums, you’ve all helped me learn, save, and build the confidence to take this step.That said, I’m reaching out to ask for advice.

I've been knocking on doors, there is one that seems like it's abandoned, however despite finding the owners name from tax records I cannot seem to get in contract with them to make an offer (despite trying x, y and z). 

What are the tax ramifications of a sale, if any?

Things in your tax filing need to be really off to do this.Being a REP/active participant and using cost seg to offset a spouses (or your own if that's all you do) W-2 wages is fairly common practice.

This might make sense, but again, you are just deferring the taxes and now pushing tax from capital gains to ordinary income. 

Most Florida markets will share some dynamics though like taxes and insurance. 

Has any BP member ever been saved by their LLC?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).