The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

Is it worth getting Bob Diamond's course on 'Tax Overages'?

This is what I learned: I could not deduct interest on personal loans so I ended up paying as much in taxes as I made.

But for anyone who just has rental properties that they report on a 1040 tax return (not in a partnership), I would suggest considering rental property management software rather than general accounting software.  

You usually pay less in taxes and you build your portfolio much quicker than taking that money out. 

Most start by analyzing deals and forget the fundamentals of every business, like getting a Tax ID, bank account later, Business Credit cards, and lines of credit.

Here are title cost numbers from my last deal in Lake Oswego ($625k sales price):Title agent fee: $1100Owner's title policy: $1425Recording fee: $350MERS: $25There may be transfer taxes depending on what county the property is in, as well.Chris

For properties that are listed for auction and have no appraised value, these are tax lien auctions. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Your accountant will need to know this as there is tax implications.