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Updated over 4 years ago on . Most recent reply

Accounting questions investing in different states
Newbie here and I'm sure I'm overthinking things but I want to set things up properly from the start.
First, what does everyone use? Quickbooks? I do plan on using an accountant, so maybe I don't really need QBs?
I live in one state but am making my first investment property purchase in the state where all my family resides.
I will be getting rental income, so do I need to start an LLC in that state for tax purposes? For every state I plan on having property in?
Thanks for your input!