You can successfully and fairly easily manage an STR out of state, however for your first one I think it can be helpful for it to be within driving distance (3 hours or less) and it will simplify filing / paying for taxes and tax preparation.

My tax bill was sizable this year but 2024 is going to be a doozy.

. #1 - you have to explain what it is like  : "Hey i see this is your vacation property or rental property, how would you like to reduce your capital gains tax? 

I am the agent and used my commission as a closing costs credit instead of paying taxes on my commission I invested it.

The mentor/coaching space can be confusing for sure - and was especially hard for us to know what to look for when we started (and we paid some "dumb tax" getting in the wrong group at first).

I'm a Canadian investor and like you have been experiencing the same issues in Ontario, I've started investing in the US where the tax climate is better, borrowing is much easier and evicting non-paying tenants is much more fair.

Register for a Philadelphia Tax account using my LLC as the property manager?

Any tips or resources would be greatly appreciated.Tax Professionals: I'm in search of a strategic tax professional who specializes in real estate investments.

You need to consult with a lawyer, especially if you didn't sign anything acknowledging the property's lack of habitability and the seller's disclosure didn't mention it. 

- Tax Advantages?