However, for the strategy to be effective, clients must ensure that they meet all the IRS requirements, such as maintaining the short-term rental for a sufficiently long period and passing one of the material participation tests (e.g., 100+ hours of active participation).2.

@James SillsPrivate money may be difficult for multifamily because the asset you are repositioning may need seasoning, a period of time to show that income/expenses have stabilized.

These provide stability and regular income, which can be crucial in retirement.Cash: 5-10%Keep some liquid assets for emergencies and short-term needs.Consider these additional points:Diversification: Spread your investments across different sectors and geographic regions to reduce risk.Tax efficiency: Consider the tax implications of your investment strategy, especially with your high net worth.Regular rebalancing: Adjust your portfolio periodically to maintain your desired asset allocation.Professional advice: Given your high net worth, it's advisable to consult with a financial advisor who can provide personalized recommendations based on your specific situation and goals.Risk management: Consider your risk tolerance and adjust the allocation accordingly.

Period.

I have found that when doing fix/flip, I like to use a lender who will do interest only for the period of the flip (usually 13 months or less) which is less interest that a HELOC.

Banks offer better terms, such as lower rates and longer amortization periods when the property is in your name.

I already have discounts set up, even the 10% they request during certain periods.

EARLY MOVE-OUTTenant will be liable for a reletting charge of $2363 (85% of the monthly rent) if Tenant: (A) fail to move in, or fail to give written move-out notice; (B) move out without paying rent in full for the entire Lease term or renewal period; (C) move out at Landlord’s demand because of Tenant’s default; or (D) are judicially evicted.

Some 401k plans allow you to payback loans or withdrawals in a certain period.

Likewise, the Fed will not hold interest rates high for a prolonged period of time (but the next couple of years will see them elevated I guess)… In the short term they will continue to raise them to continue to combat inflation.