I looked into this as well since I'm getting terribly bent over on my w-2 taxes. 

Another common practice for nationally sparse datasets such as tax data is aggregation.

Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.

Thanks for readingDavid $250,000 tax-free?

Since it’s a new build, I was able to negotiate some great perks, like a 5.875% interest rate, no closing costs, a fridge, blinds, and even a backyard firepit.Pros:Good school districtLow interest rateMinimal CapEx and repairs (because it’s a new build)Low insuranceHigh-quality tenants (due to the school district and being a new build)Cons:Lots of new builds in the area, which could drive down prices and increase vacanciesThe Numbers:Price: $290KInterest Rate: 5.875%Down Payment: 25%Monthly Mortgage + Insurance + Taxes + HOA: $1,480 (I got really low insurance since it’s a new build and Alabama’s property taxes are low)Property Management: 10%Rent: $1,800 (this is under market because I wanted to rent it quickly—most units in the area were sitting vacant for 100+ days.

I'm starting out doing redeemable tax deeds and going to auctions where everybody has "bigger pockets" than I do.

- The percentage difference is the percentage the taxes will go up after you buy it.What do you mean by the property has HVAC AND boilers? 

I would also share pros and cons of paying taxes on the windfall versus owner carry.

I am about to graduate college in May 2025, and will be making about $120k (pre tax) in my full time job postgrad (Washington DC area).

Knows real estate tax write-offs and how I can best apply them!