It all depends, this is why I always review potential client's books what is the best course of action.I personally do not like QBO for real estate (I make it clear in all my posts lol) I just renewed my certification just because most people can't afford the PM software with accounting such as AppFolio and Yardi.

Hello everyone, I have found some properties locally that look good for potential rehab projects.

As an investor, I'm drawn to the incredible potential real estate holds for achieving financial freedom and creating a legacy for future generations.

I was initially looking to buy a lot in Northern IL, and my agent alerted me that there have been some scams where people are posing as the owners of lots that they do not truly own, and then somehow potential buyer gets taken for the EMD.

In the future, conduct more thorough screening and educate your tenants on proper communication practices.

We are both residential appraisers working the NE Florida markets looking to transition over the LONG term to replacing our modest annual income through small/mighty single-family by buying in the path of progress where prices appear to be somewhat undervalued relative to long-term upside potential.

Still plenty of pockets that cash flow with nice appreciation potential.

I'd recommend looking into that and potentially partnering with a wholesaler who can send out your land deals for you, and just cut them off a chunk of change. 

Or you can pay the taxes now and invest the remaining proceeds into syndications that potentially offer higher returns than DSTs. 

@Mark C. you could repurpose the LLC for something else, but given you used it in the past for your handyman service, you don't want to get blindsided in the future by a handyman related lawsuit.