CA for instance has hundreds of thousands of paper lots that were created between about 1900 and 1935. these paper lots get sold at tax sale all the time and its where a lot of the land geek type of players toil. 

Most will want you to avoid the same mistakes and make your REI journey a lot easier. 

At the state level a law was proposed to place additional 15% tax (on top of local occupancy tax) on STRs.  

Tax Benefits.

I’d prefer a single family to avoid the HOA/Condo fees, but most of that area seems to consist of townhomes.

Just trying to avoid ANOTHER one of the those situations and nipping it in the bud.  

Rental property owners, did you know you can deduct expenses like mortgage interest, property tax, operating expenses, depreciation, and repairs?

Complicating this issue is the need to do a 10-31 due to stepped up value/capital gains tax on half of the land.  

Hi,I am budgeting for the basics for my NOI (and taxes, insurance too):1.

The requirement to defer all tax is simply to purchase at least as much as your net sale (in your case 50% of the net sale of the entire property).