Furthermore, I did not show any profit last year after expenses and depreciation, so I don't believe I would owe any income tax, if the city does indeed charge. 

This shows the city's expanding potential for both investment and homeownership.Jacksonville, being a strong market for investors, allowed investors to pay $330,000 on average for single-family rental properties, which is, according to studies, less than the national average.

We also put in the lease that anything over $300 for water would be charged to each unit.

Those with the cart can charge a higher nightly rate, but I haven't put in the time to really study what those without the cart charge and compare their occupancy rate.

Im in the orlando market aswell and you have to get creative with it my latest purchase 2 weeks ago was a former single family utilized as a duplex and I am putting 2 new tenants in with signed leases already for $2,350 and $1,350 so $3,700 total monthly minus insurance tax and utilities I would bring in about $2,800 monthly for a property that costed me 195k 2 weeks ago.

My capital gains will be about $150k.I'm thinking about raising my realtor fees (ie 10%-20%) in order to lower my capital gains reported.So it would look like this:Sale price= $245,000Realtor Commissions= $24,500(at 10%) -My managing broker only charges me $500 for each transaction no matter how much the commission is so my splits will not change at all based on the percentage.capital gains (figured after ALL selling costs including commissions noted above= $125,000If I do not claim realtor commissions, my cap gains would be $150K.

I have seller with the following situation:$240,000 single family house$165,000 balance due on mortgage ($159k balance + $6k in past due pmts)$950/month (PITI) is the current mortgage payment @ 3.875%$1,400/month Market RentIf the seller listed the property, they would walk away with roughly $60k after commissions.

Attorney prepared loan docs for bank originated loans are charged to the borrower.

The cons are it could be pricier to have one person/firm do it all - a qualified tax preparer likely charges more for bookkeeping than a standalone bookkeeper.

She was a single mom in the past and did not build credit of her own.