If you are going to be bidding at the 2014 Annual Tax Sale in 2016 and there are prior years, those prior years' taxes will be added to your tax sale and if not, they will be "merged" (wiped out) into your tax deed once you obtain and record your tax deed.

The starting bit is 80k and I'm thinking 85k closing cost is about 2500 repair 30k =117. the ARV 225k ROI 117.97% ROI (Annualized) 478..42%I have never done a action what should I expect?

I'm not planning to drive 100 miles every time tenant has a leaking pipe or a bulb burns out).So I'm looking at 1739 outflow for a net cash flow per month of 461 which is an annual cash on cash return of 24%.Or I could get a 15 year fixed loan and have (according to my back of napkin calculation) a return of about 15.6% and pay the mortgage down much quicker. 

Your state might have annual fees and filings associated with an LLC that increases the cost.  

The good news is that your LLC can elect to be treated as an S corp for tax purposes.I've done the math many times for clients, and someone with a non-real estate day job of $100,000 and flipping income of $100,000 who pays him- or herself an annual salary of $60,000* from the S corp would save $4,200 in self-employment taxes by doing his or her flips in an S corp rather than an LLC.

Hi Karen I'm not totally sure that I understand your question; however my estimation for an annual rent rate for a residential commercial office use conversion is at least $19 psf, which would be around $2,375 a month, but of course it would definitely depend on the use of the residential property and it's condition as to whether the psf would be more or less.

Annual net operating income is around $42,000 (seller is managing the property himself so no PM cost).  

RV resorts usually have tenants on annual, monthly, weekly and even daily leases. 

It's our annual vacation destination.

However, if you take a participant solo 401k loan you may invest those funds in your own business or in real estate that you can treat as your self-employed business provided you are actively managing and/or improving the properties.Lastly, when making annual contributions to a solo 401k, the calculation must be based on aggregate self-employment earnings form all self-employment activity not just from one business; therefore, even if you have net-income from one business but a net loss from another, you may not have any net-income to make an  annual solo 401k contribution.