As you step into the world of real estate investing and begin shaping your investment strategy, it’s essential to focus early on two often-overlooked foundations: tax planning and asset protection.

Job growth was concentrated in healthcare, social assistance, and leisure sectors, while manufacturing and federal government employment declined.Markets reacted positively to the report.

Most of us underestimate property taxes (I did too).

When the property is sold, the depreciation recapture rules will apply, reducing your tax basis and potentially increasing your taxable gain.This sounds like it is straight out of chat gpt and does not answer my question. 🤣  Completely agree

It’s just not how the tax world works.

I am guessing you mean what happens if the sales price of your house is not enough to cover taxes owed.

But my kids are really into Tax Sales ~ but the best deals they get are using the tax sale list to contact owners . . . offering to clear / pay tax debt and give owner some $ for house ( so they can afford to move out. )This must all be done BEFORE the auction  If owner does nothing, and house sells at tax auction, then they get nothing ~ loose the house and the sheriff evicts them  This is all not easy ~ and the success rate is probably less than 1% . . . but they've got some amazing deals. 

🚨 What You Didn't Know About Federal Tax Liens Could Kill Your Real Estate DealThink that NFTL showing up in your title search means "game over"?

If you are in the 40% tax bracket, it will leave you with around a 3% net return.

I recommend a paid consultation with your tax accountant or financial advisor.