Prices have skyrocketed since I started my search, now interest rates rising of course but prices haven't really dropped accordingly, *and* a little nervous about the Reedy Creek impact on property taxes.

@Geoffrey Paugam- agreed ...if you are  needing to use financing to purchase - make sure to have a full loan pre approval in place  before searching / offering for a new place . 

Depending on the condition of the floors, you can use a large pad sander or a barrel (tube type sander).

Is there any guidance on how to save the taxes?

@Mark Enis this is ENTIRELY dependent on the loan product you are using. 

Budget returns and repair costs depend on several factors (all of which change over time). 

You ask because you think the LLC protects anonymity, but not from taxes.

Every year, my CPA prepares my tax returns.

This can involve public hearings and meeting specific requirements.Surveyor: Hire a surveyor to map the property and define the boundaries of each condo unit.Legal Counsel: Work with a real estate attorney to ensure all legal requirements are met and the condo conversion is properly documented.Financial and Operational Considerations:Condo Fees: Determine the monthly condo fees for maintenance, repairs, and other communal expenses.Insurance: Ensure proper insurance coverage for the condo association and individual units.Reserve Fund: Establish a reserve fund for future repairs and maintenance.Tax Considerations:Initial Purchase with 1031 Exchange: 1031 Exchange Basics: By using a 1031 exchange, you defer capital gains taxes on the sale of your previous property by reinvesting the proceeds into a new like-kind property.Down Payment and Financing: You're putting down $220,000 and financing the remainder at 8% over 20 years, resulting in a monthly payment of $2,593.Converting to Condos and Selling Units:Capital Gains Deferral: The 1031 exchange allows you to defer capital gains on the initial exchange.

The rate will depend on the type of loan, LTV, credit, and occupancy.