Anyone in the Kansas City Area (Raytown, Independence, Grandview or Gladstone) available to bird-dog/ scout some properties for me?

My recommendation would be to scout markets and such and then think about the agents.

I was thinking about flying out later in the month to do some scouting.

Scouting out a market that you don't end up purchasing property in, those are NOT business expenses -- those can become "start up" expenses if you end up with a rental business in that geographic region in the future.I thought the same thing as you, and I was schooled by several CPAs on this site, and confirmed it in my reading as well.

In other words, would the ny investor work with a clevelander to scout and collect data on houses and areas?

Do not invest in any city on Neighborhood Scouts’ list of the 100 most dangerous US cities. ✅ Low risk of a natural disaster: When a natural disaster hits a city, it destroys jobs, businesses, and homes.

Excited to scout out opportunities in San Antonio!

When I scout or buy a property, I ask the owner of the contractors in place.

So I next eliminated any city from the list that appeared on Neighborhood Scouts’ list of the 100 most dangerous US cities.Next, eliminate any city where either the state or city population is static or declining.

Use your schedule e (or c) for rental property to deduct whatever you can legally according to the IRS (ideally so the net is near 0 or negative).Rental income- any repairs Jan 1 - Dec 31- home office expenses, cell phone, education, travel trips for biz- car mileage for rental property or scouting new deals- any management fees / other services like lawn care, plumber, Hvac, etc.- house depreciation (purchase price x % of price NOT land 50-70% / 27.5 years)That's how you minimize net taxable income.