I'm unsure if you would be able to combine both loans given that the HELOC is tied to a different property than the one you got traditional financing on.A work around is if you are able to purchase the new property with the HELOC at a significant enough discount, bring the property value up via renovations or additions, then refinance the property, pulling out enough money to repay the HELOC. 

There should have been change orders alerting you of the additional charges, which would have given you the opportunity to make budget decisions.Check your management contract and check all your conversations with the PMC.

There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.

Outdoor storage, moving services, additional parking.

This is a good investment in my opinion.Feel free to reach out if you have any further questions or need additional clarification!

In addition to other tax strategies like a cost segregation study on the fully rented out house.

Pay attention to the duration.DM me if you want additional thoughts.Jeff

These are professionals with additional training and a stricter code of ethics.

I'm an agent in addition to being an investor.  

Latest update is distributions have paused and they are now raising additional capital.