.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.

I am training our son to basically do the rehabs but there is a learning curve.  

It's a great place to meet people and learn.

I have been reading Brandon Turner's "The Book on Rental Property Investing" and have learned a lot but I wanted to get on here and ask for advice from everyone.

Leverage your skills in market analysis and automation, define your investment goals, and continue learning through books, podcasts, and webinars.

So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save? 

5 Tax Mitigation Strategies Every Real Estate Investor Should KnowAs a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio.

At a high LTV your leverage will be magnified.If your cash flow really is break even (I have my doubts) then with the magnification resulting from leverage, you could produce a fairly good return (ROI from leveraged appreciation, equity pay down, tax benefits).Good luck

I listed the for sale homes for 269,000 and the for rent homes are $1585 per month.Lessons learned?

Property taxes are 2% instead of 1% for landlords as a general rule (some districts may  be slightly higher).