Updated almost 5 years ago on . Most recent reply
Real estate galaxy - 1 property in each of the 50 states
Hi guys,
If you had a choice, would you rather own 1 property in each of the 50 states or own 50 properties all in 1 state?
My initial thought is that the first option would make preparing taxes a lot more expensive or cumbersome, since much more nonresident state tax returns would potentially need to be filed. But on the flip side, it must be exciting to own properties scattered across the United States instead of them all being concentrated in 1 or 2 spots.
Which would you prefer?