Out of State Passive Investment Taxes

[Ken Singh]

I am in CA and thinking of buying 2/3 apartments in MI state managed by apartment complex management.

What can I deduct from my expenses?

1. Property Taxes (Y/N)

2. Property Insurance (Y/N)

3. Management Costs (Y/N)

4. Maintenance Costs (Y/N)

5. Depreciation (Y/N)

6. Vacancy losses (Y/N)

7. Adding new items, say Refrigerator, etc. (Y/N)

8. Improvements, say new tiles in bathroom etc. (Y/N)

It is definitely going to be a PASSIVE investment, unless there is a way to make it passive. I have full time job too.

Thanks a bunch!