Yes i looking to do taxes in austin tx one on Pp llc and personal taxes

If you live in the property for at least two years, you can sell it without paying ANY capital gains tax (unlike traditional flipping).We've done this a few times, but almost every time, we end up keeping the home as a rental.

This might make sense, but again, you are just deferring the taxes and now pushing tax from capital gains to ordinary income. 

How much experience do you have with Partnership tax returns?

There are advantages to many real estate assets, but that doesn't mean you invest in the them just to get a tax liability.

@Nathan M kieferI recommend that you get professional financial/tax advice.

You should know how you can contest your assessed value, especially if you are buying the property for below current assessment.You should understand if there are any tax abatements available today or in the future.There are real estate tax consultants in basically all major markets, or your real estate agent can likely help with some basic questions, as well.

So if Texas has no state income tax I dont think you pay tax on any loans in other states.

Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!

Ca at tax sale. but you have to sift through 2 to 3 thousand to get those..