Thanks in advance. you think its high, but wait until you have to send escrow statements annually, tax forms, and oh by the way if its owner occupied and you are not sending CFPB monthly compliant statements to the borrower they can contest the loan and be forgiven any default interest. 

Check the LLC is legit and consult a tax advisor for tax details.

You have the cash or you have equity that will be converted to a HELOC, a retirement account that you will pull money out of and be subject to 10% penalties plus your tax rate?

Some exchanger's exchange into a property, rent it out for several years, and then, AFTER CONSULTING with their tax advisor, convert that into their primary residence.  

Non-tax advantaged investing (stocks, lending, etc) in a retirement account. 

If you have "high-end" units where you feel a disposal is a MUST for your prospective tenants then perhaps it is worth it.One way to keep the costs down is to inform the tenant that if they jamb the disposal or if a foreign object is found at time of service then they will eat the cost.

We are selling some property on Land contract and I would like to use a loan servicing company to collect the monthly payment, and setup escrow for taxes/insurance.

Alameda County has high property taxes and there are 25 special assessments on Oakland property tax bills. 

Hi All,I have a unique situation - I bought a house all cash in 2021 in Omaha and rent it long term making all cash flow (minus taxes/insurance).  

Is there anything tax related I have to take care of before the next tax season, or can I just open the necessary accounts and get started?