Nevada's Taxes: - Nevada's property taxes DO NOT reassess on the sale. - No state income tax. 3.

@Chris Dawson What is the tax rate for the MO side on kansas city.

Costs for the home are more than the mortgage, you have property taxes, insurance and for rentals vacancies. 

All paid off and very little CC debt.

If rate of return of appreciation from equity is half than debt fund return, then I prefer debt investment.Personal choice though.

My total cost after insurance, taxes, etc is $2278.How did you find this deal and how did you negotiate it?

@John CookYou're asking this on a forum which features over 20 tax professionals specializing in real estate.

Purchase price: $105,000 Cash invested: $1,000 Purchase Price: $105,000Mortgage/Taxes/Insurace: $800Management Fee: $100Rent: at least $1,300Cash Flow: $400🤑🤑🤑 What made you interested in investing in this type of deal?

If you're looking to expand your STR portfolio and in particular take advantage of the likely extension of the accelerated depreciation for tax purposes, this Spring or Summer could be a good time to secure your west coast STR property. 

I think I am looking for someone to do taxes and give tax advice but I am 52 with a great job and would like some advice for investing / retirement planning.