Greetings BP folks,My wife and I are negotiating a deal in our area for a home that has a tax lien from the city and county.We have been working with the seller for quite some time and were offered the opportunity to purchase the home at a great price, we also have agreed to pay off the tax lien in addition to the purchase price. 

How about this, LOW income in ALL.

Matt,You can reinvest into any "Income producing" asset/investment - Stocks, Bonds, Real estate etc.

If so how will that affect our tax returns if filing separate?

Is this a perpetual income play?

As someone new to tax lien and deed investing, I've been studying up to get the hang of it.

Make sure you confirm the value of the property, the business income and expenses, and confirm the borrower’s experience.

Can you have tax write offs even when the business is not generating income yet?

Due to a life changing situation I need to pull in around 3k more a month in passive income.

I’ve been doing some research on the property tax and haven’t been able to find a crystal clear answer other than the base 6%.