There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

It’s definitely smart to evaluate the tax and cost implications of your funding options.

There are less taxes in Alberta too.

From what I can tell, the extra equity on the house could be utilized to provide better ROI.  

If you think ahead, you can minimize recapture with the right tax planning.So what is recapture?

There will be no assessment for increase in taxes or insurance so remains at $1935.

I know that i could buy my next multi family property as a primary residence close by move in, rent half live in the other and than rent where i am now which would cash flow upwards of 1k monthly, or i could buy another multi as strictly an investment property out of state which would be a lot cheaper (taxes and cost of property) and a lot more landlord friendly laws than New York, i guess i’m just undecided on which route i want to take and I’m trying to weigh the pros and cons of each scenario.

Whether you're looking for short-term rentals, long-term rentals, or fix-and-flips, Florida has something to offer.Favorable Tax Environment: Florida boasts no state income tax, making it an attractive option for investors looking to maximize their returns.Year-Round Appeal: Unlike seasonal markets, Florida offers consistent rental demand year-round.

OPIf you have a company with a Sales tax license.  

.• Public Records & County Websites:Local county appraisal and tax records can be a goldmine for owner information.