The mechanism for avoiding double taxation in these circumstances is usually a tax credit for taxes paid to another state.

If someone bids higher than $60,000, Wells will get paid their $60,000 and the bidder walks away with the house, free and clear. 

Look forward to talking to you at 3pm"  I also do not receive a call at 3pm.Second text "Hi Jack I saw that you sent an online request about a home for sale. 

I found several online, but would like to hear from other investors what is the best option out there. 

I paid $6400 for the house, rents in the area are typically $1200-1500 a month, House is a complete shell and has some Structural damage from a tree falling on it towards the back.

I didn't even get paid.

That means the home would likely be fully paid off in around 5 years.

The house will be paid off in June of 2026 and my plan was always to pay it off, use the increased cash flow from no mortgage to pay down other properties for a few years, and then sell it and 1031 into something closer to me in Cleveland. 

I had read online average household use for a month is 3k gallons...Is it even possible for house to use over 13 thousand gallons in a few days ?

Either hire an Attorney to do it or you can go online with the state and file it all your self: https://www.nj.gov/njbusiness/registration/you will also have to get a FEIN number as well, which can also be done online.: https://www.irs.gov/businesses/small-businesses-se...and you can get an llc formation book/ binder ( usually i get the 1st one - #6) here: https://www.mburrkeim.com/outfits/compact.htm