Zero capital gain tax, next to zero income tax, property Tax is super small.  

@Brett SiegelWelcome to the community and be ready for a huge amount of information at your finger tips.

You can hand them over all your information to organize at tax time and their staff should be able to organize everything and get your taxes filed.

The Annual Owner Statement should break down all the expenses that the owner's tax professional then figures out how to deduct and on what tax schedule.So that way the owner can expense everything throughout the year?   

Welcome to the community and be ready for a huge amount of information at your finger tips.

Since my adjusted basis is about 50K, am I going to have a $250K gain on my income taxes this year?

You will realize the loss for tax purposes when you sell the security, which it sounds like will happen in 2025.

For example, in my state PA there is an inheritance tax and many TAX auction properties originate from people passing away and the heir(s) not taking control over the estate and paying those property taxes.

Your not correct under many different circumstances.First property tax is 1.1% (fairly safe) with 2% annual increase (prop 13).Next expenses include a lot more than property tax and interest. 

Do you work with any specialty tax firms to help us small business owners get access to R&D tax credits, cost segregation and other specialty tax credits?