Capital Gains tax is triggered upon transfer of deed and I have to pay. 2.

However I’m not afraid to try or ask for helpSome advise I did receive is Copy of contract or purchase agreementLast 2 years schedule E or tax returns from the current owner regarding the subject propertyCopy of current leases in place for the subject propertybut can I ask for that now?

Working on large-scale data is great b/c sometimes it's all about how many owners you approach daily; the issue with over-the-top details is also getting lost in targeting specific owners and situations, aka focusers/tax liens, etc.

Important to note if you're investing in an OP zone you only receive tax beneifts if you're deferring a capital gain to do so- and the benefit there is limited now because the full time of vesting isn't avaialble any more. 

Add another $500/mo for taxes and insurance.

What you want to focus on is rental rate, taxes (income & property), as well as purchasing power in those communities. 

Tough to give an accurate answer here since there are many unknowns here: location, condition, property taxes, potential rents etc. 

This particular property has been vacant for 10 years, the owner is behind on taxes on the home as well.

Hello everyone,I have not been able to find any relevant information regarding this topic, Is self-storage considered active or passive income from a tax perspective?

Mainly so I can elect to be taxed as an s corp and reduce some of my SE taxes.