We need some general input on getting started from the ground up with a decent amount of money to initially invest from the current tax year.

When the value goes up, the tax appraisals go up. 

I've also filed my personal 2023 tax returns and have those available with the STR income included.

. ;)You do not need a tax lawyer.

If so, this is not the gain for tax purposes.

The trick will be to find one that has enough rental income to offset the taxes so you can make some money.

Hello everyone, I started a few months ago to do research on Tax Lien and Tax Deed investing.I think this is a dumb question, but does the owner know your name if you don't buy them through a LLC?

We both live in Ohio, but I think there are probably tax and legal benefits to registering in another state, such as Wyoming. 

Example belowwe found a house for 900 a month rent Asking price was 59900. taxes 1400, insurance 800, renovation budget 25k mostly cosmetic and minor fixeswe went into it expecting a 15% return on our cash out  that gave us a expected cash out loan around 75k to get our 1.4 dscr   When we plugged our numbers  we could go over 47k on our offer to make the deal work  we offered 43 and got counter 47,5  we took the deal assume a slightly lower 1.38 dscrthe key is to scale and be selective on tenants AND not allowing pets (you can offer them but suggest crazy fees to cover yourself)  500 pet fee, 25 a month per pet etc.  

There are set fees like any grantors tax, HOA disclosure package, then fees that vary, like settlement fee, deed prep, prorated real estate taxes, commissions, closing cost assistance requested in contract, etc.