If you’ve been active in the area, I’d love to hear your take—what’s working, what’s not, and anything I should watch out for.Appreciate any tips or advice you’ve got?

PLus after the 10 year tax abatement the cash flow will be severly impacted2.

According to our understanding:1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?

I'm so excited to hear the Maximizing Your Tax Benefits session!

Any tips on what to screen for specifically?

Meanwhile, your expenses, like debt service, taxes, insurance, and maintenance, continue.These are the requirements necessary to attain and maintain financial independence.

Work with a lot of expats and foreign nationals in this space tax related.

I can’t imagine the returns you would have to generate. 22% federal tax, plus 8% state tax, plus 10% penalty.

Cash flow is definitely the biggest challenge; both in terms of finding properties to buy that cash flow with a loan on them and just company wide given interest rates and labor/material is up and, at least where I'm at in Jackson County, MO, taxes are way up too. 

Hey, I’m not an investor, but some unexpected costs to consider are closing costs, agent commissions, and most importantly, taxes.