One other point to look in the first couple of years is property taxes. 

I then have my Chase Business Account linked to Stessa so it will import the payments and still run all the features that I like (Tracking Rental Income, P/L statements, Tax form simple print outs) because it will sync with my Chase Business account.

Do they want the cash flow, or are they in it for the tax shelter?

FLORIDA - I’m interested in a property that is scheduled for a tax deed auction.

In recent days closing agent has contacted me and said we didn't pay enough in taxes and we owe the buyers large sum of $ right now because he paid too much.

Tax will be annually $7200 Insurance will be $6000miscellaneous expense will be $10000How do I able to figure out what is the best counter price back?

The lender can call the loan on transfer - this is a risk and you need to be careful.Finally, if you wait too long to transfer the property from personal to LLC there may be taxes on transfer.The transfer is called a "Quit Claim".

The owner died in 2015 and the property was taken by the town for unpaid taxes.

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

Which books did you read on tax strategies that sparked you interest at the end of the year?