Avoid' taxes?

For 1031 exchange, we can't close the new property in a LLC due to tax purposes.

I only pay $1,350 a year.

I this era of high taxes, insurance, and historically normal rates (notice I didn't say high rates as they are currently somewhat the historical norm), it's hard to do a higher loan-to-value deal and get the rents to cover the PITI + any HOA.

.- Tax Benefits of receiving installments instead of a lump sum payment.- Legal Options for the seller if the buyer does not make payments.- Visual/Explanation of how the loan looks on the HUD-1 at closing.Good Luck!

Great for Passive income,tax breaks,city of SB have many programs to assist investors/landlords as well as possible owner/occupant.

Then, if you have any debt, start paying it off quickly.

I have insurance right now but I am paying upwards of $600 per door! 

This is about to bite us though as commercial loans only lock for 5 years - so our 4% commercial loan will reset in the next year and probably increase to the 6% range if we don’t pay it off before then.

The tax assessment values the property at $56,000, but, on the contrary, I find tax assessments tend to be conservative.