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

Of course being a flip means I owe more than $300k in taxes so that bites.

Are you talking about the Lodging Tax/TOT (Transit Occupancy Tax) ?

If you- own a short term rental in your name- have a mortgage on that property - self manage Do you still create a LLC to manage your rental business or do you manage it under your name and then file income and expenses as part of your tax filing?

What's the best way to track your property income/expenses for tax purposes?

- How much should we expect to pay for taxes and insurance?

Need more tax shelters? 

@Vikranth BiradarI recommend finding a tax strategist that specializes in real estate taxation, REPS and cost segregation.

I would say there is a lot of liability with pools and trampolines.

Does that number include tax, insurance?