If you're in the 25% federal tax bracket, twice the tax is extremely expensive.

What is the average cost for filing state and federal taxes for property held in an LLC?

(c) Assists or offers to assist in filing an application for the purchase or lease of, or in locating or entering upon, lands owned by the state or federal government. 

Its government stuff so sometimes they can be a pain on things, but I've never lost a deal once it was inked.They are moving way faster over there than they were last year, the ones priced right are getting gobbled up, you really don't have a week to ponder things if its a real deal. 

Timing is a waste of time.Any data you do find is monkey math manipulated out the wahoo to tell a story that the government/Federal Reserve wants to convey.

Are there rules of thumbs governing this decision?

Have you considered that the Fed's printing money like water to buy our Federal Debt is really just a hidden tax on all citizens who try to save Dollars or expect the real value of their rentals to appreciate?

They're probably not reporting your money to the government, which could create tax problems for you down the line, and by not having a contract they are less bound to the job and more free to walk off when they want.

You are putting a deposit down for the appropriate governing body to foreclose on the property for delinquent property taxes.

@Joshua PavaoIs that a Federal Pacific "stab-lok" breaker by chance?