(DC joke).If you sell 3 homes, one in each jurisdiction and clear $25K on each one, then you will have a Fed return with $75K income and a MD NR return with $25K, a VA NR return with $25K and a DC return with $75 on it, but you will have credit for taxes paid to MD and VA so it amounts to tax on $25K.NR = non-resident.See my other post regarding choice of entity, there are opportunities to save in taxes.

Hey all, My wife and I are just getting started, and the current goal is to evaluate properties over the course of the next six months to wrap our heads around doing the numbers and also watch was the Fed is going to do anticipating a potential price decline.

The grass is always greener on the other side.

Examples of the latter could be $250 to clean trash out of the yard, or $150 to cut the grass, or a fine for failing to register the property.

When I jumped into REI I was told use to use the last 6 months of sold comps (average) but any more I narrow it to 3 months since the FED keeps raising rates and changing market dynamics.

You need to check with state laws as each state has the opportunity to put in place sufficient safeguards to address the issues of the Act, but in the absence of sufficient state law, the feds will take charge.

Also have them be mindful of sprinkler heads, etc if parking on grass (I have a strip next to the straight driveway that works for extra parking).

New neighborhood has less crimeHere's what to do:Work with a mortgage BROKER, not a bank like Navy Fed or USAA.

If that is the ratio, then I'll probably be sticking to some more "grass-root" approaches until I have a more reliable funnel.  

I decided just to dump a bunch of #2 rock on top of grass.