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?

You can always use a software like Turbo-Tax and follow the prompts.

Still, this is a poor time in the rental season and 1 months rent can be expected as a cost of vacancy (in addition to the cost to clean and touch up - $900) .Finally and I hope this is is the last one lol - Another tenant is moving out Jan 31st and this unit also requires a full cosmetic rehab.

You can probably beat $2000/year insurance, but the management fee should be 10%, you need to factor in turnover too and 5% is probably not enough for both maintenance and turnover and I assume you added it, but you didn't mention property taxes (which have been terrible in Jackson County lately since Frank White decided to jack them through the roof). 

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

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!

- 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?