STR-friendly markets make it easier to get started and grow your business, and the lack of state income tax is a huge perk.

They also have the Mortgage Tax Credit.

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

Like your post title suggests, you die to avoid the taxes.

If it's in a high tax /flood area taxes and insurance could easily be 5-6k or half that then with title insurance points and closing it could make senseWhat is the breakdown ?

However, it must not have been your or their intention to avoid tax. 

Plus it makes bookkeeping and doing taxes etc. more complicated and annoying/ expensive.

Keep in mind that property owners have experience significant hikes in their costs as well (property insurance and property taxes). 7.

MTR attracts a lot of traveling medical professionals and WFH individuals who need a quiet space during the day, which may not be compatible with families living in the attached LTR.

I do a procedure every year at tax preparation time.