Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee

This appears to be a 'transfer tax' instead of an income tax. 

And must be pretty significant unreported income if it would have caused $45k in state tax liability.You advised your client to wait past the expiration of state statute.

Sell for more than that and you’ll get the leftover cash after paying off that x% of the loan.

Enough immediate cashflow to balance out the mortgage, taxes and insurance.

He had already been working with another agent for some time, but he was willing to give me a shot.Over the next few months I earned the spot as his go-to agent, selling him one or two homes a month and helping him find tenants after the renovations were complete.

Investing in a mortgage fund should not have tax implications for your Roth IRA since the investment is passive. 

Do not have this conversation at 8:00 PM on a weeknight after a long day.

If you can rent it for $2,000/month, after fees, taxes, and potential maintenance costs, you’d still make a decent passive income.

other posters have started threads saying they're going to buy STRs for tax savings... and this doesn't make sense to me.