Note - if you live in your property for 2 years out of the last 5, then you don’t pay taxes on the profit. 

You'll be able to defer a bunch of tax with this purchase. 

That will show what proposed tax increase you will see.

Include all expenses like property taxes, insurance, maintenance, and property management fees if you’re not managing it yourself.Network Like Crazy: You’ve already made a great first step by joining this group!

Whether you're looking for short-term rentals, long-term rentals, or fix-and-flips, Florida has something to offer.Favorable Tax Environment: Florida boasts no state income tax, making it an attractive option for investors looking to maximize their returns.Year-Round Appeal: Unlike seasonal markets, Florida offers consistent rental demand year-round.

Even if you had a good deal, how much did you make after taxes?

We just purchased a duplex and filled it immediately at max rent in our area. We are ready to continue investing and are interested in traditional financing but want to learn more about Subject To and private equity a...

Also Seller hasn’t paid property taxes in 2 years which is a sign the property is in distress.

Once you file your 2nd year of tax returns, you may now be able to qualify for Agency Loans (FHA/Conventional).

What I noticed so far is extremely high property taxes.