What are the steps to purchase a tax deed online and if im successful where should I record the transaction so I can sell quick?

Hi Guys and Gals,How would the other landlords handle a 24 month tenants who just a few months into the lease emailed you saying they want to brake the lease as they longer feel safe at the property.

My question for the experts out there is how do I make this transaction happen and minimize taxes for the family member?  

I understand I have cooperation with the daughter to finalize this transaction as it is ringing up taxes and HOA fee's in her parents names.

It's in a nice safe area that I would be thrilled to live in.Now I'll go over some of the financials.Price of the property: $120,000FHA loan payment: $1000 (Rough estimate including loan, insurance, PMI, property taxes)Current rent per unit: $550, 550, 600, 600.

The biggest thing is to keep as much of an arms length transaction as possible. 

A transaction coordinator can also be very valuable as they will make sure you get all the correct paperwork done for a small fee ($400).

Since you have a few free and clear, the others have a lot of equity, you should be in a “safe” position, and I would wait for higher appreciation and “do nothing” but just keep collecting rent at the moment...

Or would this be considered a "prohibited transaction" in the eyes of the IRS?

It would be a lot easier to just get a couple different agents that send you whatever you are looking for.There are several pros to having a license, but when it comes to wholesaling, there are a substantial amount of liabilities that you take on when you have a license and you do a wholesale transaction.