You will have to verify those yourselves to ensure you end up with correct operating expenses.Quote from @Andrew Newcomb: Just following up on this in case anyone is still following:I learned about "cap rate" and "cash on cash" metrics in the BP learning articles and watched a couple vids on the BP rental calculator showing how it calcs those metrics for a prop (you have to add the details like loan info, expenses, etc). very cool tool.

Quote from @Diana Teng: Hi all,I think my question above is pretty direct.I'm interested to buy my first rental property, and after doing a brief search I see that there are quite a number of places out-of-state (I live in NY state)  that offer affordable homes that deem to be in hot market areas right now (according to many different articles online). 

If you want more info, send me a PM and I can send you a link to an article that explains further. 

According to the telephone operator it was snail mail only for Articles of Incorporation. 

Also, here's a great article that describes the REPS status:https://www.aicpa-cima.com/resources/article/tax-rules-for-r...And another for the passive activity loss limitation that other mentioned:https://www.irs.gov/publications/p925

If anyone is unfamiliar with guest mode check out Roku's article - Guest Mode: An easy way for visitors to use stream using their own subscriptions

For additional questions, checkout this article on Cost Segregation FAQs.Have you had a cost segregation study performed on your single family home?

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

I wrote an article specifically for house hackers that lays many tax items out for you.

However, I think the article timeframe is talking about after a new administration was sworn in about 3 weeks ago.