Property Taxes Will Likely Increase After Purchase•If the current owner has a homestead exemption, their tax valuation is capped.

One thing you will want to explore is the tax rate in the specific counties you are looking in.

I'd like advice on the best way to manage my property (I will use Innago for collecting rental payments), obtaining landlord insurance, tax write-offs, and maintenance. 

I've also avoided paying Capital Gains Tax on selling my crypto. 

That includes property taxes, insurance, the cost of maintenance and labor etc.

Almost every action taken in the economy is taxed and the faster the economy chugs forward the more taxes they collect.

More times than not any wholesale deal you do will have lots of hidden fees attached to it, namely picking up all the transfer taxes so depending on the county you could get hit very hard. 

Additionally, strong tax planning is essential, as your W2 income limits your ability to deduct passive losses.

.💬 Ask in the right forum – If you’re looking for financial advice, head over to the Finance, Tax, and Legal forum.

The numbers there crush commercial multis all day every day even on a mediocre dealBuy the business then come back to real estate for the wealth building and tax write offs