The Midwest markets offer a lower barrier to entry as they provide lower home prices and taxes, a lot of these markets are landlord friendly as well.

I am using a CPA to do my taxes. 

I only WISH I had known about this ability to make money earn in two places at once while ALSO getting a death benefit and future tax benefits.

We also pull tax information and public records data to help estimate things on the expense side.I personally have 25 listings and recommend that folk do as you say and learn the nuances and intimacies for specific properties in specific markets.

There may be other things I'm unaware of that come into play as well- taxes, liability laws, etc.  

Hello Bigger Pockets Community,I'm currently engaged in cold calling homeowners whose properties are nearing tax sale, and I'm encountering numerous LLCs that have forfeited and are inactive.

Quick back story is I am a Missouri resident that sold a Maryland property in June 2023, I've e-filed my federal and MD tax return as of the first week of April 2024.

Hello friends,I have a WY Holding LLC. I live in New York (for now 🙄) and will be buying investment property outside NY state. If I only manage my holding company - no active PM role - does that help avoid filing/regi...

there are many tax complications?

Low taxes and regulations.