For the latter, suspended PAL at the federal level creates federal-state timing differences.Your CPA is in the best position to advise you on the matter, as well as educate you. 

@Ikenna OkekeogbuStarting with a single-family home rental investment in an affordable market requires education, have clear goals, plan your money, and have a team of experts.

Factors driving this growth include economic opportunities, a high quality of life, affordable living, and reputable educational institutions.

My intention is not to boast but to inspire and share the significant impact that BiggerPockets, especially Joshua Dorkin and Brandon Turner, have had on my life.I first encountered BiggerPockets at 23 while enduring long 14+ hour days as a pipe fitter on hydroelectric dams in northern Manitoba, working 21 days on and 5 days off shift schedules.Although I was earning well for my age and educational background (I barely graduated high school), the job was unfulfilling and almost toxic, mainly because of the dynamics with the associates in the industry.

Well, after you get a little more education that is... :-)

I'm focusing on getting all the education I can right now, so feel free to share your #1 REI tip for newbies :) Outside of real estate, I work full time (remotely) in EdTech and enjoy hiking, gardening, and kayaking.

Hey @Hannah Joy - I'd echo @Bruce Woodruff those are both educational degrees that take thousands of hours to become a professional at. 

If you don't trust your PM to act in your best interest then educating yourself on what a fair price is becomes a duty for you to take on. 

Take things one step at a time, continue educating yourself, and don’t hesitate to seek advice from experienced investors.

Quote from @Heather Rummel: You can manage it on your own, but it takes a lot of work to educate yourself, particularly in the most heavily regulated corner of the world.I would start by calling around to property managers in the area for help.