Property taxes with the exception of no income tax states tend to be way, way higher in cold belt states.For development the entitlement process tends to be longer in cold belt states.

Do they include property tax and estimated income tax from the projected profit?

"Commercial" is meaningless for taxes.

As to the issue of captive insurance subs, I worked in the accounting department of a small insurance carrier, set up primarily as a tax shelter.

I furthered my education by reading "Writing Winning Business Plans" by Garrett Sutton, "Tax-Free Wealth" by Tom Wheelwright, and, naturally, "The Book on Rental Property Investing" by Brandon Turner.

Sellers aren't always aware of liens or back taxes owed.

@Ilyas KarzaiInvesting in CA can be very lucrative but as other posters have mentioned there are trade-offs, taxes, costs, and tenant laws.

@Mohamed Elkashlan PM us, we can recommend attorney for LLC setup, even a tax attorney.

Here's why:- unless you strategically reported your taxes as making 100% income and not reporting an entire loss on your schedule e - you will most likely not find a lender who will qualify you for a HELOC.

If you are in Texas and want to buy Texas tax deeds, I'd think twice about buying a national based program.