Its so the State can record the improvement and increase your property taxes .I make a great living redoing work done by hacks .

Property cash flows very well and has become an excellent tax shield with my other properties.

Not only that but I also would like to connect with everyone, investors, private lenders, loan officers, tax consultants, attorneys, contractors, property managers ETC.

You need to check with your State, in Florida you will have to pay sales tax on any rental agreements of 6 months or less so check for any possible sales tax liability.

I'm quite disillusioned with the situation here in Spain, and here are a few reasons why:- We have a socialist government keen on hiking taxes and undermining businesses.- We're grappling with the social phenomenon of "squatters", individuals who don't pay rent and the government allows them to live in your property rent-free for 24 months before eviction.- Spain's population pyramid is a mess, with sky-high taxes and increasing insecurity in many areas.- The rental yields in premium zones of central Madrid barely reach 3.5% - 5% gross due to government policies, such as the rental index imposed by the socialist government.For these reasons and many more, I'm considering investing in Miami.

I do not want to take on capitol gains taxes and would be reinvesting all the gains on either a personal home or down payments on multiple rentals.

Everything else is in line and depends on the property you are purchasing.Price: $71,733.48County Taxes (4/24 to 7/1): $80.58County Sewer (4/24 to 7/1) $35.93HOA Dues (4/24 to 7/1) $425.60Recording Fee: $60Title Company Fee: $136So my total closing costs were $738.11 or 1.03% of the purchase price.I'll try to dig up my last flip that I did in California to give you an idea of what I paid there.

My partner and I worked with tax lien and tax deed investments for a couple years (2017 - 2019) and will continue to do that on the side.

We have "squatters rights" aka adverse possession laws but it's really difficult to meet the legal requirements for that: the squatter must live in the property as if it's their own for 18 years, paying property taxes, making improvements etc. and it must be open and hostile/ against the true owners wishes for the full 18 years continuously to be able to make that claim.

Also, there is unpaid property tax as well, will the property tax be written off or which party will be responsible for it?