Be sure to diligently evaluate potential properties through inspections, condition assessments, financial reviews, and property tax assessments.

Since we would be using the money in the same manner could we use a 1031 exchange to defer the gain income tax ?

Need to know county, city property tax breakdown, dimensions of a few rooms, parcel ID #, etc.... but again, this is information that a listing agent will frequently leave up to the seller anyway.  

Your “overhead” costs to buy & sell the house + holding costs, interest, property taxes etc, luckily these can be pretty easily calculated, many websites like closing companies will have websites where you can fill out information about a property and it will tell you the costs to buy & sell, loan costs are easily calculable, take your purchase multiply by intrest rate divide by 12, that’s your monthly expenses multiply by the number of months you project the to complete, a good rule of thumb is even cosmetic can easily be 6 months anything more complicated can be 9-12 though all that can very greatly.3.

If you own commercial real estate property, you are probably well aware of how much property taxes can eat into your profits.

https://www.ewg.org/news-insights/news-release/2024/03/over-240-california-community-organizations-unite-againstLate in the legislative process the tax was slipped into a 2022 law, A.B. 205, authorizing the California Public Utilities Commission, or CPUC, to add a fixed charge to electricity bills based on household income.

You would then hold the loan on a 90-95% LTV product at 5% (Which is taxed at ordinary income).

You can use the extra income to pay down debt, save for retirement, or invest in additional properties.Tax Benefits: There may be tax advantages to renting out a portion of your home, such as deductions for mortgage interest, property taxes, and depreciation.

Hi all, can I buy a property at the tax sales, pay cash for it, then refinance it into a loan after I own it? 

Investor vs. tax), but if it is a 2nd lien from an investor, there may be an intercreditor agreement that spells out the rights of the 2nd lien holder.