Pulling your 401k money out is going to be a bigger hit on your finances percentage wise (due to 10% penalty) than the capital gains taxes you would pay on sale of AZ property. 

Once a property is free and clear, I think property management can start to at least make more sense as a percentage of profit... but its tough to swallow if your property is financed.Randy

Typical percentages range from 7-10%.

Type 1 STRs are owner occupied and are allowed one STR "by right" per property, regardless of the total block face percentage of STRs. 

Does anyone have experience or know of an online broker or personal sponsorship where i can park my license with a nominal annual fee or smal percentage of my commission.  

So i think that will get us on the track to get the capital gains exception, at least a partial percentage which would cover us as we dont need the full $500k.Anyway,  my questions and concerns:1.

Hello, I live in IL, I am a first time investor looking to start by Flipping a few homes to build capitol and to build a better relationship with my agent then from  there in corporate the brrrr strategy.I would like to know the tax rates, Federally and State, What percentage should I be using to put money away for taxes? 

The condos I'm looking at will not qualify for a normal FHA loan because the high percentage of renters and investor owned.

but "progressive" meaning that higher earners progressively pay a larger percentage of their income to taxes.They do already. 

Great support and will generate leads for you for a percentage of commissions.