Tax BenefitsWhen buying in low cost areas, it can be difficult to achieve FIRE without high volume of units.

We are currently waiting to see the experience with the Florida LLC, re insurance, tax, beneficial ownership issues before we deed the Virginia properties into the LLC.

Let’s say we’re shooting for $50k tax saving per year. 

Each year being worse than the one before with higher insurance, property taxes and wages?

We are looking for someone to help us file taxes (both for LLC and personal) for this year and try to mitigate any tax loses, but also who we can build long term relationship as we grow our portfolio.

And there's the unpaid taxes for operating illegally... i'd give this property a thumbs down.

The rest of my tax/income situation is very basic.

Since you failed to accept our prior renewal offer, we are immediately listing the unit for rent at the new monthly rate of $3,500. 

(Someone to receive notices on your behalf)Residential income properties need a Transaction Privilege license in most locations (Rental Tax)Property Management is a specialty in the industry and it's very possible your sister has her license with a broker that doesn't allow her to do property management?

Because otherwise its becomes very difficult to manage these things.Do you know if there are any tax implications from moving the property in and out of an LLC for a cash out refinance.