Short term rental out of state
Hi everyone
I live in Wa state and have a property in FL under contract.
I know that people suggest to contact professionals anything about taxes and legal inquiries, which I will.
I just want to educate myself. As you know, residential investment property, lenders will only lend if you buy with your own name unless you have extensive track records to be qualified for a portfolio loan or buy with cash in order to buy under LLC.
Should I work with a CPA in FL or in WA state?
Thank you in advance.