I honestly belief that investors should stop looking for specic catagoeries/situations of people to find houses to buy, and instead focus on motivation (regardless is their house is vacant, tax liened, foreclosure etc. etc.)Do you really care that you get a vacant house deal, or do you care that you find a high profit deal regardless whether it is a vacant house or not?

Do they include property tax and estimated income tax from the projected profit?

We are currently looking for a real estate investor CPA to assist us with tax filing and tax strategies throughout the year.

I get great tax benefits.

I furthered my education by reading "Writing Winning Business Plans" by Garrett Sutton, "Tax-Free Wealth" by Tom Wheelwright, and, naturally, "The Book on Rental Property Investing" by Brandon Turner.

@Ilyas KarzaiInvesting in CA can be very lucrative but as other posters have mentioned there are trade-offs, taxes, costs, and tenant laws.

Here's why:- unless you strategically reported your taxes as making 100% income and not reporting an entire loss on your schedule e - you will most likely not find a lender who will qualify you for a HELOC.

@Mohamed Elkashlan PM us, we can recommend attorney for LLC setup, even a tax attorney.

Just curious if anyone uses the property's tax assessment in any way when coming up with an MOA when wholesaling vacant land.

Lawyer has been paid, Architect already has a down payment in which he created some plans already.