Running the numbers includes calculating the ARV, and estimating the following: rehab costs, closing costs (I use 10% of ARV, that will cover a buyers and sellers commission at 3% each and 2% closing costs on each of the buy and sale), funding costs, staging costs, insurance cost, property taxes while you own it, utilities while you own it  Other tips:Stage every house you flip unless we get back to a stupid market like we had two years ago where you got 20 offers on the first weekend at $50k over ask with no inspection contingencies.

My current focus is on expanding my portfolio by acquiring and developing a new property, but I want to ensure I'm making the smartest moves for tax efficiency, equity growth, and risk management.BackgroundI own two properties: my primary residence (Prop 2) and a long-term rental (LTR, Prop 1) that's close to being mortgage-free.

My goal is to learn tax deed investing specifically and start my financial freedom journey.

This is when the taxes are due and the seller will recognize the gain.

You don't actually own the property until the sale is ratified by the courts as a foreclosure is a legal process though you are generally responsible for the property taxes for the property from the moment you win.

But want to retain my Fathers' Prop 13 low Tax basis when transferring ownership under California Prop 19 im told by the County tax accessor i can what's the best type of loan to buy my Sister out.

All that combined with low property taxes, no income tax, and landlord-friendly.

I started off, wanting to get into RV parks however, I got sidetracked and now I am interested in tax lien and tax deed certificates.

So we have the inherited tax rate.

If you are new to buying at trustee sales I recommend studying a bit and learning how to conduct due diligence with regard to lien position, IRS liens, property taxes, title issues etc.