seems to me a TK company would be better suited to give a range of rent  say low side 750 high side 825.. so investors can run their own numbers at the low side or conservative estimate or the high side  ( blue sky) I think if they give a fixed number and you know investors.IE you said 800 and you got 790  and they flip out on you LOLseems to me the OP is in Texas there are Plenty of rental houses there to buy.. and since your in a state with no income tax you can afford the higher property tax as compared to other areas of the US>

This is how most operate.Most operate as sole proprietors until they have completed deals since most of the income is subject to self employment tax as it is from person services.

@Jaime Chandler just be cautious as some of these multifamily properties can be tied to commercial real estate tax as oppose to residential real estate taxes.

@Jaco BrajaDepreciation is a non-cash tax expense that the IRS basically gives you.It allows you to be cash-flow positive on an investment property but pay less or no tax as a result.

@James Wise I'm considering buying a multifamily(renovated) in the Philly area due to the fact I will only pay property tax as oppose to the neighboring burbs where I pay too much taxes (school and borough).

But no comment on the property tax as of yet.

In California, looking to see the best way to gift a rental property to a child and best way for both parties to avoid as much tax as possible.

In California, looking to see the best way to gift a rental property to a child and best way for both parties to avoid as much tax as possible.

@Jonathan WhiteThe great thing about Alaska is that the state has no income tax. As

In order to determine if a house is a good investment or not, we created a spreadsheet that incorporates the recapture tax as part of the calculations.