Do I subtract the the offer price ($355k) by the total amount of money they owe?

I wanted to know if I will still have the tax benefits of real estate even though the properties are in my LLC name

I am leaning a certain way on the deal and I'm curious to see if other investors align with me or not.Sales Price: 102,900, 25% down (assuming 5.625% interest rate on 30 year fixed)C Unit in C Neighborhood, increases in quality could improve rent by $100-$200 p/m, estimated.Income: 2 units, total rent is $1750 per month / $21000 per yearExpenses: PITI: $856 per month (444 mortgage, 67 insurance, 345 taxes)PM: 10% / $175 per month (I will be managing for the foreseeable future)CapEx: 10% / $175 per monthMaintenance: 8% / $140 per monthVacancy: 8% / $140 per monthWater: Average is $129 per monthFlood Insurance: (Damn AE zone) is $57 per month (backed by private insurance)All other expenses covered by tenantsThe numbers Cash Flow Per Door of $39 per month / $468 per yearCF of $78 per month / $936 per yearCOCR of 3.03%Value Add/My Questions: Rents are low for this area -- rentometer, Craigslist, and 2 BR comps indicate 2 bedrooms should be in the 1000 to 1100 range per month.

Assuming that you lived in your current home for 2 years, you have 3 years after moving out to sell it, basically without capital gain taxes.

Numbers run off current rent roll (4950) taxes (5200 annual) insurance (3k annual) with 5% vac 10% management and 3k annual maintenance.

When evaluating multi-family properties do you simply go on rental rates listed on Zillow by agent and make an offer if those numbers cash flow, or do you ask for taxes or p and l's first (are sellers willing to do that before going under contract)? 

Wow...I owe you guys a BIG apology. 

TLDR: I might keep a LTR that cash flowed $400/mo with a PM IF I couldn’t sell tax free, but not a STR.

As also stated above, if you assign your contract & someone else buys the home from the seller, the seller will most likely still owe a commission to the REALTOR® due to a likely-existing protection period in their listing agreement.

try to find a CPA to help with tax filing and tax plan/strategyw-2 earnercurrently have 1 property, plan to grow my real estate portfolio