However, in my market a nice unit can easily collect $120,000+ in rent (not taxes, fees, or other pass through costs) and when the locals demand 35% commission my 20% is a steal and isn’t a whole lot more work for the 25k+ a year I’m making per property.

…we are waiting on $$$ for taxes, water and gas to run boiler system.

Hey bigger pockets, I was just wondering what some older more experienced real estate investors thought about the idea of buying tax deeds.

Let's talk about Capital Gains Tax.

Perhaps tax wise or ?? 

Then, you sell and keep the profits tax-free because of the capital gains exclusion.

Someone who works out of state with fire and government jobs but maintains permanent residency in home state with intent to return on taxes, license, etc.

Is he required to issue me a 1099 form for rental income for 2023 taxes?

I am wondering if I can save some money and just do the tax myself by using TurboTax Business, especially because it's the first year of LLC with only a couple of expense items? 

At a minimum, I recommend selling it within three years of renting it so you don't lose the tax free gain on sale of a primary residence.