There are over 20 very competent, real estate friendly CPA/firms that can take you in and help you with your RE tax strategies not jut over tax season, but all year long.

If assessed values increase a lot, they can go down to compensate so folks aren't overtaxed.

The best ways to verify financials is to look over tax returns,  water usage data, etc. you’ll want to know if the laundromat is QO, DC/token, card system or a combination of all of these.

I wouldn’t invest in over taxed states like CA, IL, NY, NJ or WA.

This is a very unreasonable request, it is over-taxing your equipment and shortening it's life by running constantly...you have the facts to back you up....and next time, never promise that a system will maintain a specific temperature, you're just asking for trouble like this.

@Harrison Payne I would highly recommend talking with some attorney's & CPA's to go over tax & asset protection that both own property & have done work within investment/rental real estate.

It was an overpriced, over taxed, over regulated industry back then. 

Hello All, My friends and I bought our first property to flip. All cash if it matters.  We put the property in one friend's name (no separate entity yet).  The house was bought in Ocotber 2015 and is now complete and ...

Do your research before going down this routeDIE - when you pass your property will move over tax free up to 5m, i believe.  

I can't get over taxes in TX, everyone says invest in TX because homes are cheap.