If not, what are property tax sales? 

It wasn't fun living an hour and a half from work and play, but absolutely worth it.If one is starting with relatively low living expenses, cash flow can be extremely powerful towards reaching financial freedom.

Purchase price: $220,000 Sale price: $225,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Archie Raglin, successfully purchased a property on Outlook St, Mission, KS, for $220,000 on 12/30/2024.

So, winters are the traditional slow times for sales & rentals.

Sales comparison A common method that compares the property to similar properties nearby and their relative prices.

According to CoreLogic, in December of 2023, almost 30% of home sales were to investors!

And when that someone else says the house, they will pay capital gains and depreciation recapture on the sale.

If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.

You really have to learn the neighborhoods or work with a sales agent who does.

Is the property under a high tension power line or down wind from the horse rendering factory or on a main thoroughfare or some other obstruction that you wouldn't want to live near?