They sell it for 4x assessed value, and taxing authority uses your purchase price as new value.  

I can’t wait to dive back in with a fresh perspective, connect with like-minded individuals and new opportunities!

I'm looking forward to connecting with like-minded individuals, learning from your successes and setbacks, and growing together as a community.

If a job needs a crew or individual specialized enough that importing them to an area is required, then they are likely part of a high-value deal.

Are you trying to buy the land from an individual seller who has not paid IRS or property taxes?

We all signed leases individually and the landlords never had special zoning or permits.

I've never purchased a home in the USA before, and I don't KNOW what I'm doing is correct, but I think it is and looking for any clarifications and insights from the good people here.ps thanks for the clarification on author name!

When an entity is structured correctly you’ll be able to qualify for deep tax deductions against your w2 income through the business combination structure ( A structure that qualifies an individual for deep tax deductions) 

However, if you are pursuing Short-Term Rentals (STRs), each partner must qualify individually for "material participation," which can be more challenging when there is a partner.

Individuals owned their own home, or a duplex in which they were both owner occupant and landlord.