I have a pension, a 401a (pre tax), a 457b (pre tax), a SEP, and cash savings. 

It may not appeal to some home buyers but you need to weigh it against the potential increase in capital gains tax as tax will be prorated.  

I assuming the terms of your "seller financing" will create effective installment payments that would trigger small amounts of tax as I see it.

The idea is that counties will identify a residential property as a short term rental and change the status to commercial and remove any residential caps on property tax.  As

Brian Levredge,You are subject to the excise tax as an LLC.Joel Owens,To clarify if you do open an LLC or your LLC operates in TN, you will pay the excise tax.

For detailed information, visit City of Golden Sales and Use Tax website.Pagosa Springs Guests who book Airbnb listings that are located in Pagosa Springs, CO will pay the following tax as part of their reservation: Lodging Tax: 4.9% of the listing price including any cleaning fees, for reservations 29 nights and shorter.

Instead of thinking of tax as something that drains your wallet, I like to think of it as a way to increase your cash flow.

@Joseph Taylor - consider ordinary income tax as an expense even if you are holding for more than a year you might be considered in the business and your real estate is inventory if the goal is to flip.

Won't we end up giving the welfare recipient food and housing assistance AND the money to pay the consumption tax as well?

The duplex I purchased has taxes of ~3K and they are now ~6500, that's because they were capped at the lower assessment from the prior owner until sale.Due to prop 13 you cannot use existing property tax as a basis for the property tax on a new purchase.