If you have self employment or gig jobs you need 2022 and 2023 IRS taxes filed and all the pages/1099/w-2/LLC/Corp/personal and 2024 income.

Oklahoma may require you to file a state tax return regardless of your income level.

If its a tax deed foreclosure that may be different as typically in most states you would have to go throught quiet title. but if its a mortgage foreclosure you should be able to get title insurance.

Monthly rent + rate increase + probably getting a clearer picture of taxes/insurance would be my guess for that.So I wouldn't completely blame whoever you were working with on that, but if it were my client I would have tried to get a clearer picture of that going into it and either treat it like a 'vacant' or go off of market rents (assuming they are closer to $1200).Good luck!

The property is being sold as raw land below its tax-assessed value.

There has been no tax benefits per se.  

As a real estate agent based in New York, specifically on Long Island, I'm eager to hear from anyone who has experience with BRRRR properties in this area or has valuable tips to share.

Taxes are also always going to be a consideration, and this is an assessment year, so you should account for them going up more than usual in your projections.  

Ignore the loan when trying to factor in the possible tax implications as paying off a principal balance doesn't do anything tax-wise.

There was a property at the auction that sold at market, however it had a federal tax lien of over 100k attached to it.