@Miguel HernandezI would speak to your cpa but also want to clarify that real estate let’s you “defer” taxes but not lower themA classic example is depreciation which you can reduce your tax liability each year by depreciating the property but for tax purposes this lowers your tax basis so when you sell you are then paying those deferred taxesIt helps because you can invest those funds etc or do a 1031 exchange and continue to defer the taxes but eventually you will have to pay.

Classic ways to do this are to look for properties that need work or sellers who are motivated.If this sounds like a lot of work to figure out yourself, you can also start working with somebody who understands your local market like the back of their hand.

Remedies may be available, such as petitioning the court of jurisdiction to confirm ownership; however any legal action is usually a pretty large added expense.As others have mentioned, it’s almost a “classic case” when a person with little or no experience, knowledge or expertise in the real estate foreclosure/bankruptcy/mortgage world buys a property at auction.  

That's not a good deal even by the classic "rent must be at least 1% of purchase price" rule of thumb.

We completely changed the color scheme to a classic black and white finish.

We completely changed the color scheme to a classic black and white finish.

Cabinets, a classic style-shaker with simple pulls/handles (the more detail, the more dirt builds up and is hard to clean). 

Very thorough job summarizing a classic, Joseph!

It shouldn't be that expensive, but you will need a bullnose metal edge which probably won't look attractive in a classic house like this.Here are before / after of hardwood on a flip I did 15 years ago

Classic black and white is making a big comeback as well.