When its time to file federal taxes, I am assuming I need to pay Uncle Sam around 20-30% of annual gross revenue, right?

I just purchased my first multi-unit property (duplex) in Sacramento, just near American River College.

I just purchased my first multi-unit property (duplex) in Sacramento, just near American River College.

Hi Sam!

What I've been referring to is actually an "enhanced" owners policy (see First American's Eagle product) which is significantly more comprehensive than extended and only available to residential homeowners (at least where we do business).Extended coverage is simply an alta owners policy with the 5 standard exceptions removed (after meeting the criteria -- affidavits, survey, additional premium, etc. -- for removal).Sounds like you figured a out a plan that works for you.

You can go to the member directory for the American Association of Private Lenders at AAPLOnline.com .

You are past most people already, it is time to put more $ in your pocket than Uncle Sam. 

@Steven RosenfeldA lot of great advice from great people here so it’s difficult to add more value but I can offer a different angle.If you think that the bubblicious conditions are due to factors like to much cheap credit that won’t be that cheap anytime soon, too many investors switching to STRs as LTRs don’t work, too many investors chasing too little inventory and an unusually high number of Americans staying in the country because of international Covid restrictions that are being removed, you can always invest overseas.

@Sam EhsanPost the request in this threadhttps://www.biggerpockets.com/...

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