is it illegal i sell my Tax Deed by quit quitclaim Deed?

Plus, since our guests stay for more than 30 days, we're not subject to the short term tourist tax & licensing.

Of course being a flip means I owe more than $300k in taxes so that bites.

Are you talking about the Lodging Tax/TOT (Transit Occupancy Tax) ?

I am inclined to sell because I feel like I'm sitting on cash and I do not like the idea of taking out a HELOC or other loans to continue my investing journey (I got debt free in 2022 except for the mortgage). 

If you- own a short term rental in your name- have a mortgage on that property - self manage Do you still create a LLC to manage your rental business or do you manage it under your name and then file income and expenses as part of your tax filing?

Need more tax shelters? 

- How much should we expect to pay for taxes and insurance?

What's the best way to track your property income/expenses for tax purposes?

@Vikranth BiradarI recommend finding a tax strategist that specializes in real estate taxation, REPS and cost segregation.