If they use tax returns, it is almost the end of the year don't just accept 2022's.

You have LLC fees, additional tax filings to have it be a pass through entity and all for what?

You still get principal paydown, tax benefits, and appreciation. 

Hello everyone, I currently own a house and about to start renting it but I've been wondering about tax liens as a back up plan and I know nothing about it and the podcast only has one episode that I've found (which I would love more).

I also personally would shoot for 1.2-1.4% in the suburbs due to the higher tax rates than in the city. 

However, they will not receive any tax deferral through a 1031 exchange unless they buy one or more of the identified properties on their list. 

The home was going into foreclosure because Larson owned over $11,000 in delinquent property taxes.

To get the tax benefits of a live in flip you would have to live there for two years. 

Just make sure to familiarize yourself with how Texas taxes work. 

Also taxes are to be considered.