It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

2) Each taxpayer has their own tax rates to consider - Federal and state tax rates.When determining state tax rates, they need to potentially calculate the state tax rate of the resident state and the state where the property is located in.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

I have yet to do a true rehab (flip), but my advice would be to absorb as much information as you can and set up keyword alerts for the "fix & flip" to see others questions and answers as well as look through the deal analysis forum category to see how others analyze deals and estimate rehab costs.

Set an alert on here for "Buffalo meetup" and you'll get notifications.Without knowing your entire situation, my first reaction is to recommend you house-hack.

Columbus keyword alerts are no longer relevant on BP.

I was just alerted that one of my tenants saw a mouse in her kitchen.

Because the S corp files a tax return it is it's own taxpayer. 

As a pass-through entiry, the LLC does not pay any income tax in its own right, but instead, the LLC income/loss is passed through to the taxpayer's personal 1040.  

This gets complicated with two sets of participation rules for limited partners and individual taxpayers.