I only do this to keep the juices flowing.

Hoping the juice is worth the squeeze.

@Nick Horob I think he's referring to having to share in the losses of the venture --- if the complex goes belly-up, then you might be responsible for your proportionate share to cover the losses.

So - the real question is: Do you have enough juice in your tanks to be taken seriously at a higher level than that where 99% of BP lives at?

You are in the belly of the beast, my friend!

Perhaps if I had had him estimate the entire project which includes a commercial juice bar or kitchen he would not have used that method of calculation.

If you're going to borrow against your residence, though, be dang sure you can make those HELOC payments even if your rental business goes belly up.

Steven thank you for your reply,So I guess this CPA tried to make it sound like he's saving memoney getting them set up but in the end, he would charge me more than I should be paying and juice me out every year by charging me on extra fees..

They take a lot of juice.

One of my properties has a sewer line that has a belly init and for now I am snaking it every 4 to 6 months to avoid it backing up.Have you heard of those companies that can come in and put some kind of a flexible insert into your existing cast iron line and essentially gives you a new line without havingh to do any major digging.