I've got a mixed use building with a vacant 5200 sg ft. medical space on the first floor.

We are thinking about moving out of our triplex in FL and that would mean loosing our homestead exemption.

Best advice I can give to someone in medical school is rent.

Remember you are exempt from excise franchise tax if you file an exempt form.This post does not create a CPA-Client relationship.

If this is your first year renting it out, that may explain the jump.Exemptions Lost: If you previously had a homestead exemption or similar, renting the property can remove those benefits, resulting in higher taxes.County-wide Increases: Local tax levies, bond approvals, or budget increases for schools or infrastructure can also drive up rates.

Originally posted by @Ann Thompson:Realty Doctors - property purchaseRealty Medics - property management I will not be doing future business with either.

Quote from @Ace Adefemiwa: I build voice AI for healthcare, but a broker friend convinced me her missed-calls problem was identical to what medical practices face.So my company built a voice AI agent that handles after-hours property inquiries, books showings, and only texts her the serious buyers.

An offering only open to investors in a single state is itself an exemption from SEC registration.  

Beside the use of a single asset entity as noted above, the basics available to all are that your retirement funds are exempt from creditor attachment either through Federal or state law; annuities and insurance is exempt in Texas, Florida and a number of other states, as well as homestead exemptions.

As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.