Additionally:Is there a specific state where it makes more sense to establish the holding company (now that anonymity in states like WY or DE isn’t the focus)?

If you want to be a passive investor, you need capital, information and a network, but you don't need specific advantage in real estate.  

Investment interest can be deductible.3.

A 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.

@Wiey Underwood Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

@Gregory SchwartzWhat specifically are you hoping the software will do for you?

We've even purchased, rehabbed and then sold properties to specific investors before.

Here is a link to their zoning district summary:https://planning.baltimorecity...You could also call them if you want more specific information.

This can range from local real estate clubs all the way up to multifamily specific events such as the National Multi Housing Council’s annual meeting.

I know the IRS asks about entity vs personal members and if they're foreign or not specifically on the 1065 and other tax forms.