If you hold it personally then it won't matter much but because it is a Franchise and Excise tax state I would definitely utilize someone from this state.

It's the Levi's 501 of real estate purchases -- never goes out of style.

@Glenn Levy #1 was great and cracked me up at the same time.

. ; (ii) require that an owner or manager of residential rental property enroll or participate in any governmental program as a condition of obtaining a certificate of occupancy; (iii) levy a special fee or tax on residential rental property that is not also levied against other commercial and residential properties... " Attorneys out there, please chime in.

I agree with @Levi Kidder that you should reach out to @Gavin Welch

Regardless of what the gentleman above said, the "basic levy rate" in Orange County is 1%.

Originally posted by @Levi Kidder:Originally posted by @Justin Pineiro:@Gavin Welch Can you please elaborate why 40-50k cash can't get you a property in Tampa or Lakeland?

Bank accounts can be levied.

Thanks Levi Thornton for the information.

In TN we have to pay 300 per year for each LLC and pay franchise and excise taxes.