I am looking to put some sweat equity into a colleagues development portion of his business.

I’m just starting my RE journey so I know my taxes aren’t very complicated, but still I wanted to use a professional and invest in proper tax planning from the start.

Please get educated before you start writing checks.What concerns me is you started this post by talking about how you are jobless.  

Here’s a 10-step process to get started with out-of-state real estate investing:Research and Select a Market:Identify markets with strong economic fundamentals, job growth, population growth, and potential for real estate appreciation.Consider factors like rental demand, vacancy rates, and local landlord-tenant laws.

My question is1 should I start the eviction now or wait until 30 days?

Networking with local real estate agents, joining real estate investment groups, and even driving around neighborhoods looking for potential properties can help you get started.  

Hey Brandon, I'm sorry to hear about your mother, but it's exciting that you're starting to get into investing!

I'm relatively new to this so just trying to understand these tax implications before we get started.

My wife and I are just getting started on our real estate journey, and this is my 1st time posting in the forum.

This is a good place to start, but why do you want another property?