If you sold at a 7 cap with 105,000 NOI that is about 1,500,000 evaluation taking away closing costs and commissions about 1.4 and then take away maybe 75k for renovations leaves 1,325,000 so about 225k gross profit.

I can't sell it because when I factor in closing costs, commissions, etc I'll have to bring at least 10K to the table.  

Therefore, you would have 40 percent of potential sales/buy clients with potential of double ending commissions by representing both in a deal.

A commission can not be paid to an unlicensed entity, LLC or agent.

Account Closed you just described what is known in the real estate world as "Practicing real estate illegally" If you're lucky a real estate agent in your state will not take a screen shot of your post and forward it to the real estate commission.  

Do you pay on commission base or per hour?  

15% commission... usually "they eat what they kill"...

If I find a buyer on my own can the commission fee be reduced to X%?"  

I sold it FSBO, agreed to 1.5k realtor commission (mistake) for the buyer agent etc etc. - I decided I didn't want to mess with it because Im starting another project with higher potential return.Now, as an example, I look at this one:https://www.zillow.com/homes/63-GRANVUE-DRIVE-BELL...Its on the Auction block, if I picked it up for 2 or 3k, and sold it for 10k to someone else who wants to work with it, essentially a wholesale deal, and didn't spend any money fixing it up, and agreed to max 1k realtor fees if any, I might make some money on it.If you go to our county tax assessor site, and search '63 Granvue', youll see that 1) the total taxes for 2018 are $2981.38, and 2) they are paid by the bank already for 2018 http://www.co.st-clair.il.us/Pages/parcel.aspxWhat I am asking is - if I bought this at auction, and sold it within a couple of months as a property someone else can rehab, how would the property taxes work / what would I end up paying? 

TICs are a real estate interest so my guess would be that you would need to be either a licensed real estate broker in the state or a state with reciprocity to get referral or actual commission.