I had belatedly realized that FHA goes off personal credit and therefore I couldn't use the LLC for it.

Which made my tracking for taxes and such all look super dumb because everything is off by a dollar.

If there are none on the market, then look off market. 

Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fire DamageI received an insurance check of $380K for the fire damage.After Paying off the Mortgage + Escrow + Realtor Fee's, I'll be left with about $150K.My question is will I get taxed on this $150K?

So, you can do a land contract for 12 months, which should allow lender to credit you full value of the land vs the purchase price, but the loan will pay off the land contract, so the lender maintains first lien position.Can't help you with the rest of your question, but you should be able to search for "CPA" here on BP to find experts to reach out to.

Quote from @Charles Masten: Good afternoon BiggerPockets family,I hope everyone’s 2025 is off to a fantastic start!

An older gentleman from church is selling off his portfolio of SFH/MFH rentals in the Belleville, IL area and offered one to me as he knows I want to get into RE Investing.Purchase price is $50,000  for a 3 bed 1 bath and the current tenant is renting at $800/month.

if you're W2 and full-time, hourly or salary, you should be able to go off your pay stubs for qualifying.

@Antoine Black  In general, yes, it goes off your personal credit. 

If you’re In a title state make proof of utility pay off a condition of closing.