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

[Brian Troquille]

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?