Since the loan is still in your name, you can deduct the interest you’re paying to the lenderon your tax return... 

Now, this would obviously be negatively cash flowing since you would need to pay taxes and insurance.

It's a tax on the gain.How is this calculated?

I bet they wait until January or February so they don’t have to pay the tax on those gains for another year (which is why we may be seeing less selling this month than in a normal cycle).

Great way to build a business and a rolodex of listings/sellers.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

If it discharges 5 foot from the building and there is a low spot running back to the building, then it is going down hill back to the building.

Tax Breaks- I am not an accountant, but I recommend conversing with one to see all of the benefits to owning a rental property.

In some cases interest paid on the HELOC can be tax deductible if the funds are used for home improvements.Best of luck from Fort Worth! 

In your experience is it common to calculate sq footage this way in buildings like this?