The land assessment value is on the tax assessor's site in every county, but that doesn't hold a ton of relevance in my opinion.

Distressed properties are real estate assets that are usually sold at a discount due to financial or physical distress.

I talked to several insurance brokers and they both said majority of insurance companies do not provide coverage on homes with knob and tube wiring due to potential fire hazard.

.💡 Tax AdvantagesThis is where my tax brain gets excited!

Include all expenses like property taxes, insurance, maintenance, and property management fees if you’re not managing it yourself.Network Like Crazy: You’ve already made a great first step by joining this group!

If you think ahead, you can minimize recapture with the right tax planning.So what is recapture?

Thats $7700 a year NOT including my accountant/Tax prep. 

You will want to fully understand the tax reporting burden you will face. 

I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible. 

The goal is legitimate: due to complex tax rules, you have opportunities to game the system by selling some of your investments and intentionally generating either gains or losses.