I had no tax liability in 2022 and now here in 2023 I do.

This will reduce your turn times allowing you to scale much quicker... not to mention reduce the unknow variables that come from having to wait for longer seasoning periods.The main benefit I see with a DSCR Loan is you don’t have to provide your tax returns and provide the documentation on all your other properties.

Flipping is active income, not investing, and it is taxed as such. 

Hey guys i have a question about refinancing... i have a deal now 110 k condo i running the number this is a olace with no equity but i cash flow i can get $1800 market rate and  section 8 around $2000protpey tax 1500 annual 250 hoa snd now depending on the loan now my question how can i get my money back and which loan or mortgage to take if i put 20% 20% down?? 

When factoring in additional costs such as maintenance, property management fees (if you do not opt for a property manager, and you should), and potential vacancy periods, the financial burden could increase.Check this out: If you're breaking even on rent at $1,600, any additional expenses or vacancies directly impact your pocket and mental health.

I'd like to get some tax advice from them. 

For that reason, I wanted to pay cash to remove any emotional/financial burden so it bothers me less, If that makes sense.

It's a sweet tax break for sure.

is it illegal i sell my Tax Deed by quit quitclaim Deed?

Plus, since our guests stay for more than 30 days, we're not subject to the short term tourist tax & licensing.