If you are one of those, the MAIN question in the present thread is not for you.The MAIN question in the present thread is specifically for people who:1) Bought at least one tax lien certificate at an auction in 2023.AND2) Have since decided to no longer buy tax lien certificates at an auction.If you meet the above two conditions, please state the main three reasons you have decided to no longer buy tax lien certificates at an auction.The reason I am asking is this.

The question for me is what are real specific reasons WHY this is happening in S-FL?

Can someone explain the advantages of having (LLC #B) taxed as an S-Corp as I am told only my “reasonable salary” paid out from (LLC #B) would be subject to self employment taxes.I.e., I earn $200K through commissions through LLC #B.

Since he did much of the work himself with his own excavator and dump truck, the development cost was far lower than normal.When we met, he said he had lots of interest in the property and wanted an informal offer as soon as possible.

The reason it’s usually not done is the profit isn’t pro-rated, it’s consider $100% first.

The reason is that these suspended losses are passive and they can never offset non-passive income like income from your clinical job, only passive income.So it makes sense to be strategic and time your losses so they coincide with the year you become a real estate professional."

A lot of out of state investors try to go for "up and coming neighborhoods"They are called up and coming for a reason.

I know we can start with DSCR and refinance, but then you're paying closing/origination costs twice.

Quote from @Mike Klarman: For a guaranteed 10% down program you'll need good credit and 3+ experience but then with closing costs it will be more like 15% and then holding costs and such. 

There is marketing costs, staffing costs, costs of brokerage and just running the business in general, technology systems etc etc..