This can lower your tax bracket potentially and you earn interest on the income you would have normally paid Uncle Sam.10) At the close of escrow, move funds outside of the taxable estate to avoid the 40% estate tax on amounts over $11M single or $22M married couple.

Has anybody recommendations of cheap markets to buy rentals where we a young couple could peotentially live in vicinity to a good job market/bigger city? 

@Joseph Beilke we are getting married in Jaco, Costa Rica in a month and thought the same.

Couple of questions:1. 

Reason being, I hired a property management company (just now) and they're wonderful, they start officially in a couple days. 

What's your schedule look like in the next couple days?

Call up a couple companies.

Do you need all this for a couple of rentals?

Quote from @Pankaj Malik: I’m just really surprised that the tenant is not taking the option to break the lease break with a $ number offered (1 month rent plus reasonable amount for parts of house he wasn’t able to use) that is within a couple thousand dollars of what he wanted anyway. 

Hi BiggerPockets community,We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD.