Quote from @Levi Dobson: @Gabriel Ramiez Love the fire, hold on to it and don't let it dwindle!

That's your multiplier with the product being the the amount the tax rates are levied against. 

Quote from @Rachel Levy: @Tanya F.

Also, the IRS states "An LLC with only one member is treated as an entity disregarded as separate from its owner for income tax purposes (but as a separate entity for purposes of employment tax and certain excise taxes), unless it files Form 8832 and affirmatively elects to be treated as a corporation."

A good book I'd recommend is "How to Persuade People Who Don't Want to Be Persuaded" by Joel Bauer and Mark Levy. 

Have you reviewed all the condo documents and financials to determine if the HOA is going to have to levy assessments for repairs?

These are often property assessments that have a limited duration, but might also be paid for by mil levies or other increases locally.

Quote from @Yaron Levy: Please hit me up with interesting real estate thoughts tips ideas of how we can collaborate.Looking forward!! 

Sam Shueh Levi T.

Originally posted by @Mike Wright:Some places like Maryland and Washington state have both *high taxes*, AND an *excise tax* on top of that when you sell the property.