State - it depends, you can have real estate transfer tax issues / re assessment issues. 

Not sure if interesting but my buddy just launched a real-time leads list for off market properties based on publicly accessible data: tax delinquencies, probate, pre-foreclosures...etc.

Just as an example, FL tax lien is a guarantees 20% return. 

Second lowest property taxes in the nation behind Hawaii.Montgomery county tax estimate formula is: appraised value x 20% (without homestead) x .0365

Selling = taxes. 

It's great to have someone with your passion and real estate expertise join us on this platform.

For example, for property taxes, you can search Google for what the state taxes are on a primary/secondary property.

Do they have a tax return coming that they could use to catch up? 

The landlord said that its not zoned for business and that would raise flags with the IRS and i could potentially get audited. keep in mind that i have a consulting business. is there some truth to this because i do have a home office at the house as well. the rent is 1600 per month. that 1600 per month and utilities wouldn't be a tax write off to my LLC?

Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts.