Where can I find a comprehensive guide on how out of state investment properties affect my California/Federal taxes?
I recently closed on a couple SFR's in Indiana as pure investment properties. I am a resident of California and I feel very in the dark about how they affect my taxes in California and for the Feds. I also want to make sure I have all my deductions and breaks accounted for. Where can I find this sort of information?
Any help would be appreciated.