Hello,If I purchase a rental property in Miami this year and close under my name initially, and then transfer the title to a LLC the same year, do I need to anticipate TWO times the property tax hike for next year?

These are generating tax free income!

Thinking about capital gains tax implications.I hope that's enough info. 

Sounds like a good candidate question for Tax Tuesdays.

Both will benefit from the flying taxes in ~2025 lol.Both will benefit from the Brightline high speed train in a couple years.Both have ports which cruises can take off from.One has amazing beaches and Busch Gardens, the other has woke Disney World, Universal Studios, and Seaworld. 

We must also monitor regulatory changes, tax policies, zoning regulations, and environmental standards that may affect property values, development opportunities, and operational costs.

So its really cool big parking lot recently seal coated..  3% annual lease raises  they pay taxs insurance and landscape etc etc..

Hi Kiley, the first thing you need to do is ensure you are paying taxes on your rental income - you’ll need 2 years if you want a conventional loan.

It was tipped pay though so it was not super consistent, but it usually averaged out to about 20/hr.

Taxes are an issue as well.