There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Assuming it's written in your management agreement somewhere that states the owners are current on all financial responsibilities related to the property, does anyone require them to actually provide a current mortgage statement, HOA payment record, taxes paid, etc..... at least at the time of the original management agreement signing.Recently had a new owner sign the agreement, only to find out after we had secured a new tenant for them, that they were in financial distress to say the least (inquiring about bankruptcy) .

My monthly tax payment on my 4-plex went from $1200 to $1800. 

Arizona’s steady flow of out-of-state buyers and rental interest, along with its attractive tax environment, makes it a top choice for investors who prefer markets with minimal seasonal fluctuations.Southern California: Coastal Appeal with High DemandCalifornia as a whole can experience seasonality, especially in its northern regions.

10 out of 10 will say “I want to keep my house”.Now take a tax lien case and ask them the same question: Do you want to sell your house (at a discount ) or do you want to keep your house?

Worse case, hire one if you find it too taxing for you after a few months. 

We publish a quarterly print newsletter for our tax and strategy clients.With your permission, I would like to republish it in our second quarter 2025 newsletter. 

They can help you navigate local tax obligations based on your income sources and property ownership.While taxes are definitely a factor, don’t let them be the only one.

There are so many real estate investors that are cash rich, but don't show much income on their taxes, so you having a great salary could be a real asset to someone like that to obtain traditional financing.I certainly wouldn't look at the 1 bed condo as waste, I bought two one beds in North Brooklyn years ago and am not selling them to roll into multi families, you could do the same thing with some patience. 

I didnt see my tax bill showing a line item.