I see it as a tax-benefit discussion with the seller.

I would invest in the West, as it has worked for the last 170 years, but not in liberal states that are tax hells. 

I also own a tax and accounting firm as part of my business investment goals, and this has been my main focus during the current tax season. 

Hi Mary, we’re real estate brokers as well.

I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals.

This is in the east side of Buda in 78610Property price is around 340,000 and the monthly payment for 80% mortgage at 7.125% with property taxes (2.32%), HOA and Insurance comes out to around 2,600$Rental comps suggest around 2200$ gross monthly rent. 

Since I am strictly W-2, would it be smart to consider getting my LLC in order to protect my future investment properties, and while also reaping the tax benefits of having an LLC?""

My wife and I have business income and our accountant can divide the income according to what would be the best for reducing tax liability.  

I've also avoided paying Capital Gains Tax on selling my crypto. 

@Lexi Blocksom If the burden of holding the property outweighs the long-term gains, a 1031 exchange allows you to defer all taxes, and you won’t have to recapture depreciation.This option enables you to use the deferred tax benefits to purchase nicer properties in areas with greater growth potential.Once you complete your exchange, you can immediately do a cash-out refinance if you need access to some cash, tax-free.