This would allow you to indefinitely defer all of the tax if you sold, and use the tax you would have had to pay, to purchase something nicer in an area with a greater growth potential.   

The tax paid from your lending proceeds should be the equivalent of your tax rate I would think.

You have to pay for their time and expertise and $250 sounds far.

Rules vary significantly, and you need to be aware of licensing, taxes, and any restrictions.Local Market: Analyze the STR market in your target area.

Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.

You have tax benefits through depreciation and you are gaining experience via property management.  

Some people use their IRA to fund fix and flip's and keep the profit in them tax free. 

--- Does the property have 2 Tax ID numbers or just one?

What we are seeing a lot of is defaulted investor loans in florida as those DSCR loans no longer make sense and went from a 1.1 down to a .7 pretty quickly with insurance and taxes and borrowers cannot afford them as they bought with no nest egg to pay for the shortage. 

Tax implications?