Treat these rental properties as investments like your retirement accounts.

The best differential between NY/NJ investing and PA are the taxes.

I would like to know if this is a deductible expense on my taxes.

Taxes are also always going to be a consideration, and this is an assessment year, so you should account for them going up more than usual in your projections.  

Hi, if my wife becomes a real estate agent in New York (we live in NY) and we buy properties in other states such as Florida or Georgia, can we use segregated deductions on houses we buy outside of New York in order to pay less income taxes from my earnings?

The house is a 3b/2ba 1,895 sq ft home but an additional sunroom built in which brings sq ft up to 2,055 (based off tax records my agent found).

If he is working full time on real estate you’ll qualify as real estate professional for tax purposes.

I'm trying to learn more about capital gains tax when selling a rehabbed home or refinancing for the equity.

There was a property at the auction that sold at market, however it had a federal tax lien of over 100k attached to it.

I have been using Avail for the tenant interface side of things (marketing, rent collection, etc.) and using Stessa for my accounting and record keeping.