They would likely lose any homestead tax benefits and possibly lose other things as well.

Seller financing is a great way for the seller to avoid a lump sum capital gains tax, and still make steady/expected income on a property even after they sell it. 

I have been paying a lot of taxes every year from selling stocks and have a high W2.

It pays the taxes, the water and sewer, and the cost to heat the property while leaving some for maintenance.

We would want to make my parents the 'renters' and we as the landlord.Question: In terms of taxes, is there something we should consider when renting to our parents?

We are wanting to start a House Flipping business and are just looking for some legal and tax advice.

If I have a LLC and use a property management company for my rentals am I subject to the 1% earnings tax?

1.Explore tax incentives or financing programs: Look into potential tax incentives or financing programs offered by the local or state government for affordable housing developments.

This has to be one of the least friendly states to be a landlord, and the taxes are high.

However, Florida generally has lower property taxes, which could be a factor to consider.While you mentioned your interest in multi-unit investments with seller financing, it's important to keep in mind that this can be a complex area.