Assuming your LLC is a single member LLC you'll pay tax as you would have paid as an individual.

We are rehabbing a house in Seattle and trying to figure out what is the best way to flip the house and pay as little tax as possible on the net profit portion (I assume).

Therefore, they are ordinary income, subject to self employment tax as well as income tax. 

Out of state owners and estates almost never pay the tax, as well as some instate owner/estates.

These firms will provide you the expertise and allow for the flexibility in price that you are looking for.Another great thing is that you live within the state of Florida which does not have a state income tax. A

I am probably more knowledgeable than the average person in tax, as I've taken a number of classes in tax law and understand basic concepts, like passive activities, depreciation, etc.

The county could literally just pursue the same things, and not sell the tax as a lien.

If your income is higher, your federal or state tax rates can be even more.Depreciation and SellingWhen you sell your property, you must pay 25 percent recapture tax as well as regular state income tax on the depreciation you claimed.

Hey,I'm have rentals:One in the Netherlands AmsterdamOne in Hungary Budapest and one in Tatabanya.If you want to invest in the Netherlands you'd pay 8% tax as an investment property (to live in is 1-2% ).

We want to buy a beach casita/condo up in the Natal or Sao Miguel do Gostoso area.