You will likely only report the rental income/losses in the state the property is located in.You will then be required to file a PA resident tax return where you report worldwide income.

I recently bought a property at a PA judicial Tax Sale ( in Delaware county pa).  

Scroll through the groups, joining any that appeal to you.The Pennsylvania Investors group is moderated by our very own Michael Shadow (dafly) and is putting together a PA REI real life, face-to-face get-together (if we get enough interest).

We have a PA investors groups that you are welcome to join if you get a chance.

Owner Finance, have a note buyer and structurer lined up 5, Auction, we have not told seller this and with two realtors we may be better off auctioning after we close, we already have a PA and closing date less than 30 days.

Okay , yes I am a super-newbie, yes I know you hate newbie so....Bought my first property for the sole purpose of investing.Not buying my home first and moving out later.Okay paid 190k less 5k closing put 42k down.Interest only mortage 6.875% for the first 10 years/30 year mtg.Filled out a form for section 8 housing.I am going to let weichert find me a tenant because its 20 miles from where I live.I put an ad on craigslist, just hoping for feelers.http://washingtondc.craigslist.org/nva/apa/244007813.htmlSo far nothing, no calls since last thursday, yes I know its only 6 days , but I guess I am nervous about being vacant all winter.I have enough saved that I could pay for the mortgage no problem.But like someone said you don't want a savings account investment where you are putting in all the principle out of your pocket, you want to make money off the rent.Any good tips on finding tenants?

But I don't see them killing themselves trying to find me a tenant.I appreciate your help.If you want to take a look http://washingtondc.craigslist.org/nva/apa/247313340.htmlI don't want to move on to another investment till I have a tenant in this one.

You will need a PA license and broker, most likely.

Mostly unlisted seller carriesI avoided escrow instrux in lieu of a PA for years.

I'm fresh out of grad school, working as a PA in San Diego and saving up for my first investment property.