If that comes before or after your capital gains taxes. 

If you think it’s worth more than $400 you should definitely pay a CPA or a tax pro, especially if you plan to use the software in future years. 

The benefit of having a software is the ability for tenants to pay rent online, submit work orders, sign leases electronically, and the ability to complete end of year owner taxes. 

If not for those rotten CPAs, we could deduct everything, including dog food and CrossFit memberships, pay zero taxes and finally be happy.

Your  property taxes will be higher since it won't be your primary residence and your INSURANCE will be much higher too, since your policy would be a dwelling policy and not home owner policy.

This is what I am trying to do as well, separate all credit card expenses, collect rent, pay mortgage all through the LLC.

Right...1st I would say the tax sale wiped out any liens. 

Even though the rate isn’t ideal, you’d have the option to pay it off aggressively while keeping cash available for other investments (or unexpected expenses).

Be sure to let me know if I’m wrong about not qualifying for a tax break because it’s a rental.

This means you’ll pay short-term capital gains tax at your regular income tax rate.2.