I really appreciate the share.Buying that volume of Chicago tax liens has to be a good long-term play...I'd love to understand their strategy and thought process.For those who didn't want to do the math that is $4,000 per tax lien which just seems ridiculous lol

Don't expect your CPA/tax professional to understand tax strategy with investment real estate.

This is for just someone who puts the numbers in the boxes for you, most of them are seasonal, and you won't see them again - if you have an issue, someone else will deal with it in the future.If a CPA/EA isn't charging substantially more than these amounts, they are likely short changing themselves given they are often providing substantially more in services, guidance, strategy, etc.

@Dielita McKnight If you intend to fix/flip as your exit strategy I would look into wholesale deals or try and get off market deal.

The properties in this area aren’t priced very high so this market should be great for the BRRRR strategy.

I don't believe waiting is the right decision, but I do believe in putting together a strategy to maximize your opportunity. 

I see this strategy tossed around on here and quite certain the strategy is in violation of the loan terms.

This is also a buy and hold strategy.

To ascertain the effect on your tax status, including any potential advantages and deductions, speak with a tax specialist.Consider how your condo purchase fits into your long-term real estate investment strategy.

Yes they aren't cheap, but if they can increase revenue enough to make up/exceed their fees by increasing occupancy and making you feel comfortable because they are there to ensure things run smoothly..then it sounds like a win to me!