I'm a KC native investor, real estate broker and I help run a couple companies that handle contracting and property management here in town. 

@Paul Amegatcher that’s a lot of junk and if the whole house was like that I am sure you filled a couple of dumpsters!

I have a couple of questions.

I've done a couple live-in flips before but nothing that required this much updating-- they were both mostly cosmetic.

Over the next couple of months, tenants paid rent.

@Roger HurleySince you’re married you get that entire gain tax free.

A couple hundred dollars a unit scattered all over is not as tempting to me as half the cash flow in one larger multifamily with an on site PM. 

My company buys a couple hundred a year not counting what we do in our buy and hold fund.If you are looking for deals and direction on the houston market, look me up when you get here and i can get you to sit down with our team and provide some guidanceThe market overall in houston is slowing down, but if you have the right mindset and data you can make money flipping houses regardless of market direction!

Hey Guys,   So I have an older couple(mid to late 50’s) I inherited from a purchase.

. - I decided I didn't want to mess with it because Im starting another project with higher potential return.Now, as an example, I look at this one:https://www.zillow.com/homes/63-GRANVUE-DRIVE-BELL...Its on the Auction block, if I picked it up for 2 or 3k, and sold it for 10k to someone else who wants to work with it, essentially a wholesale deal, and didn't spend any money fixing it up, and agreed to max 1k realtor fees if any, I might make some money on it.If you go to our county tax assessor site, and search '63 Granvue', youll see that 1) the total taxes for 2018 are $2981.38, and 2) they are paid by the bank already for 2018 http://www.co.st-clair.il.us/Pages/parcel.aspxWhat I am asking is - if I bought this at auction, and sold it within a couple of months as a property someone else can rehab, how would the property taxes work / what would I end up paying?