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Updated over 2 years ago, 07/18/2022
Investing out of State
Hi,
We have a primary residence and one duplex as investment property in Los Angeles Area. We would like to invest out of CA and use a property mgmt company and our core requirement is positive cash flow. Looking for resources that can provide me following info.
(1) States with growth where it makes sense to invest from rent, favorable policies for landlords, and tax benefit.
Investment property is not our main source of primary income, but means to diversify investment portfolio , get tax benefit, and create generational wealth.