Title insurance should also reveal if the trustee has this ability.To clarify, if a trust names someone who is deceased as a beneficiary, the trust would then name someone else, or would name their estate (the reasons behind forming trusts in the first place would seem to indicate that it would be another person, since their are tax benefits and probate avoidance).  

@Roger MatthewsHomestead laws and the Homestead exemption for property taxes have nothing to do with each other. 

Or you have to make some lifestyle changes to take full advantage of it (e.g. real estate professional tax status). 

Bu equally important that the seller is current on their property taxes.

And whatever taxes are owed (unless he's talking about income taxes) should be in holding costs. 

Hi BP community, I have a unique homestead tax question.

I do have a follow up question, would we not save on taxes by doing a BRRR strategy vs buy and hold ?

Bonus depreciation is a tax incentive provided by the U.S. government to encourage business investment in tangible property.

It equates to 60% down and a builder buy down of the rate plus closing help and it would still look like a bad investment to an outsider who didn’t know about the $100k in taxes I saved. 

I do know there's tax benefits and tenants paying the mortgage off for you.