If you are taking out a conventional mortgage of any kind, you can't buy in the LLC as it does not have two years of tax returns.You are also asking if an entire state is good to buy multifamily, which means you are too soon in the process to even talk about buying.

If not on the MLS, they have to be about to be foreclosed on, way behind on their property tax or some situation that MAKES them HAVE TO sell.Same with rentals.

After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year?

One thing to add is that when you buy a new build, your PITI will likely not be factoring in the correct state tax number.

5 tips i should keep in my mind when buying  rental property? 

Currently, interest rates, taxes, and insurance are very high, making it difficult to cashflow with downpayments that are below 40%.

@Greg StrunakA good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Pro Tip: Use a simple landing page to promote your lead magnet, making it easy for sellers to download it in exchange for their contact information.Why It Works:Providing value upfront builds trust and gets motivated sellers into your pipeline faster.2.

I am seeking mentors and or guides to help me invest in business that can eventually help offset W2 income tax.

You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.