Tax implications and timing of purchases

[Allison Karrels]

My husband and I are about to close on our 2nd rental property purchase this year (bringing us up to 5 total).  We have the cash available to purchase 2 more properties.  

Is there any tax benefits or reason why we should wait until next year to buy these next 2 homes (to spread out deductions or something) or should we just buy the next one as soon as we find a good property to buy.

Thanks!  Allison

#askBP