The added benefit is the equity you have now created in your personal residence that can avoid capital gains taxes if you live there for at least two years. 

Hey bigger pockets, I was just wondering what some older more experienced real estate investors thought about the idea of buying tax deeds.

But if  you break it all down yourself, its a negative CoC return and you are losing $......yes there are tax benefits, loan paydown, etc. but that still doesn't make up for the fact you are profiting 0, especially if you are investing in a cash flow marketIn the end, if you are just looking for places to park $$$ for the long term it may work out, but if you are looking to make an annual return on the money you put in there may be better ways of doing it.Just my 2cents on this, I'm not a big time investor like some of these guys and they are a successful for a reason.

Let's talk about Capital Gains Tax.

And another $200 in property tax.

They also charge me close to $1000 for evictions and lawyer fees plus the repairs for make ready are extra.

Is he required to issue me a 1099 form for rental income for 2023 taxes?

I am wondering if I can save some money and just do the tax myself by using TurboTax Business, especially because it's the first year of LLC with only a couple of expense items? 

Someone who works out of state with fire and government jobs but maintains permanent residency in home state with intent to return on taxes, license, etc.

Perhaps tax wise or ??