Either way, the income still ends up on your federal return, you’ll just have to file in Texas if your gross income is in millions (probably not applicable to you right now).This post does not create a CPA-client relationship.

@Skylar Daugherty- thanks for the post ....if you are needing to use financing as  you purchase more  rentals - make sure you have  a  lender / title / escrow and realtor  on your team ...good luck

There's nothing wrong with paid advertising, of course, just something to keep in mind.Here is a post I wrote about finding a tax professional on Bigger Pockets:https://www.biggerpockets.com/forums/51/topics/1222774-expla...As explained in my post, we're not allowed to offer you our services until this post is moved from the tax forum into the Classifieds area.

Consulting a real estate CPA can help maximize deductions and ensure proper reporting.This post does not create a CPA-Client relationship.

OP look up my post.  

I am going to research and post here.

If you don't have anything in Alabama, then what was the point of this post? 

These can make a huge difference in how much of your rental income and even your W-2 or business income you can offset with property losses and deductions while house hacking your duplex.Good luck, and if you’d like to chat about how to set this up for maximum tax efficiency, we’d be happy to connect.This post does not create a CPA-client relationship.

Originally posted by Don Hines:...

I get how valuable your legal partners can be, but judging from a lot of the posts on here that are akin to "I've decided to remove my own appendix and save money...does anyone know where I can get 10-blade", most real estate investors will struggle to understand your value.