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Updated over 5 years ago on . Most recent reply

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Brian Troquille
  • Member since Aug 5, 2018
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Brian Troquille's profile image
Brian Troquille's profile image
Brian Troquille
  • Member since Aug 5, 2018
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Brian Troquille
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Starting Out

Getting Started and Need Some Guidance. Any Advice Would Be Great

Brian Troquille
Posted

I am looking at getting my first rental property next year. I have a full time job and gross $130,000 a year. How do i separate my cash flow from my personal income. I own my own home and want to use the HELOC strategy. Do i get a separate bank account? Do i set up an LLC? Do I need and accountant? Also will my tax benefits help me with paying so much tax on my personal income?

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