I am not opposed to flipping, but I need to educate myself on the tax implications first.

As far as taxing goes.

It's federal law under Fair Housing.

I am looking at tax liens and am hoping to Connect with experts as well as starters to learn and gain some wisdom.please be my guide within the community.

A $500k place renting for $3,500 but $500k at 6% is $3,000, add $100 for insurance and $300 for property taxes and you’re offering to buy the place they are renting to you for $3500 for a $100 less than the rent. 

I put this in writing for them too.This year I am planning on only raising rents by $10-15/mAll of my properties are currently at market rent, but of course things like insurance and taxes keep going upBP Community, what are you doing for rental increases this year?

On Airbnb you click different dates and you will see how high the occupancy is, how much the total gross amount is, minus management, minus tax, utilities and airbnb fees and you will see if the amount netting is about what you expect. 

While it is difficult and time-consuming to get approved, the main issue is that the interest rate will run well into double digits and, to add insult to injury, you get taxed on the interest you're paying and you're forced to take a life insurance.

No property taxes. 

For the life of me I can’t really find a property to flip locally but the ones I’ve bought and held for 2 years have appreciated significantly and if I was to sell some of them now after all taxes, commissions and expenses were paid I’d probably profit about $65,000-$85,000 on the 2 year properties.