The state of Alabama purchases the delinquent taxes from the county once they dont get sold in a tax sale so that the municipality can pay their employees.

Just be sure that the property will cash flow enough to cover all your normal expenses (debt service on the 30 yr loan, CapEx, repairs, vacancy, taxes & ins, etc) PLUS enough extra to pay off the LOC in a reasonable anoint of time.

I feel that I paid way too much in taxes last year.

They are in outliner areas and seem to be growing rapidly because of their price points and lower taxes

With my prior experience in both traditional commercial lending, government programs, and tax incentive programs (TIF financing, LIHTC financing, and NMTC financing) I hope to be able to add value to other members while also structuring several deals and manage assets.  

I'm trying to find out the tax implications of a seller finance I'm considering.

It seems to me that because of the increase in the standard deduction with the tax reform, that I don't really have a big enough mortgage to get any additional tax benefits. 

So I see Tax Overages are starting to get popular again.

I’ll see if I can go in that direction.Worse case scenario convert IRA in-kind-distribution-and pay the taxes/penalties on the conversion.

However, if you purchase a primary residence in another state, look into their homestead exemption laws before you get tempted to claim thatMy husband and I are residents of Texas, we own a home in Georgia (although ours was a primary residence at the time, not a STR or LTR like yours will be), if we had claimed the homestead exemption in order to save on our property taxes we would have been required to change our residency to GA and pay state taxes.