Trying to understand the Net Profits Tax structure and filing and I have a few questions:1) My understanding is that out-of-state rental income is subject to NPT though a credit is applied for any taxes paid to another locality (state tax not included).

Can anyone recommend a great accountant they've worked with who also has experience with US Expats living abroad filing their taxes back in the US?  

Year 1, cash on cash return at 9.46% Over the next 10 years, here are the projected overall returns with 5% year over year rent growth, 3% year over year appreciation of the property, and calculations for tax savings + debt pay down: I'm a buy and hold investor.

This involves discussing legal and tax implications with professionals like a real estate attorney and tax advisor to find the best structure for your situation.

Do you have any interest in 2-4 units to increase the units/rents under one tax bill.

Can you still have tax write off, even if you dont have an LLC ? 

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.

Go for the primary residence 2 out of 5 years no taxes.  7. 

I am using a CPA to do my taxes. 

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.