What would have been interesting is if they had levied a heavy tax on STR's.

They like to levy unreasonable fines.

We don't actually purchase then resell quickly in WA because of the excise / transfer taxes. 

Pretty much any city/county in the United States has what is called an Transient Occupancy Tax (TOT) which is levied on visitors to a given area and normally collected via Hotels, B&Bs, etc.  

You should have something in your lease that tells the Tenant they will be charged for any fine levied against you and that termination will happen if there are too many violations.

Special assessments or levies are extra fees.

You will be hit with attempts at levies and fines.

As a result, they county will exercise their right to levy a lien on the property and then the county may even confiscate the property if non-payment of taxes continues.Now keep in mind that when a county seizes the property, the county does not actually want the property.

On that date, the net investment income tax of Sec. 1411 became effective, levying an additional 3.8% surtax on, among other items of investment income, all passive income of a taxpayer.

On resale, I has enough money for the cashdown on my new house, but wanted to leverage the other part, a friend of mine told me about real estate, loved the idea of gaining close to 2% a year on 350k instead of 5% on 50k....as simple as that@Audrey Théberge I'm a little bit all over the place for now, from Beaupré to Levis.