What I am saying is the tax bill for you could be wildly different depending on how long your partner has owned this property and how much depreciation they have taken.  

Quote from @Albert Gallucci: good to know but I am aiming for B or A.

I am also active with Flips and own a few 4 plexes...Im a licensed NM Realtor would be happy to help set up a few searches, look at properties (Virtually as well), and tell you more about specific areas of town with the pro's and con's of each. 

Soooooo, I am the Tampa, Clearwater, Saint Pete and Indian Rocks beach area. 

Hello to everyone reading this, my name Is Daniel Cacho, I am a 19 year old aspiring real estate investor.

and am eager to connect with experienced investors to gain practical insights.What I’m Looking For:Advice on identifying cash-flowing properties and understanding market trends in Lynchburg or similar areas.Recommendations for a local real estate agent or property manager with experience working with investors.Insights on how to balance active and passive investing as I grow my portfolio.I’m grateful to be part of such an inspiring and knowledgeable community.

Quote from @Melissa Stanley: I’m hoping to purchase a few properties with a friend/business partner but after meeting with a lawyer am even more confused.

I'm open to ideas and subjects/information to research in case there is something I am missing or just don't know to look for yet.Thanks all!

But then I am still stuck with the monthly payment of $180 a month. 

Quote from @Jerrell Randolph: Hi BP community I am a fairly new investor.