The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.

Since land values tend to be higher in the resort areas, that can have a negative effect on tax benefits.

Vacasa Guestworks(partial MGMNT model) says their fee of 12% is almost covered by the fact that THEY will pay the Airbnb host fee   Also they will handle the tedious filing of monthly taxes as required by my city/state regulations  I’m not scared at all to handle the online listing and am not keen to pay their 10-12% fee.

Hey @Christopher Eduardo, Please talk with a tax lawyer to make your final decision, but in general: In a Chapter 13 bankruptcy, a debtor creates a repayment plan to gradually pay off their debts over a specified period, usually three to five years.

It's tougher to makes those BRRR deals pencil in TX because of the properties taxes and insurance (also HOA's since you're in Houston).

And tax reform in those days just hammered them and then N.

Get a CPA to advise I AM NOT A CPA THIS IS NOT TAX ADVICEIRS site: https://www.irs.gov/instructions/i1040se#en_US_2023_publink2... 

I also want to be able to utilize the LLC to take advantage of the many tax codes an LLC offers. 

Section 8 comes with benefits like reliable government-backed income, potential tax advantages, and lower vacancy rates.

My brother's land was bought from tax lien and the court sent paperwork