Choose a HELOC if the property is appreciating and cash flow remains strong, or a 1031 if you want to diversify or upgrade assets.This post does not create a CPA-Client relationship.

Qualified Intermediaries should focus on doing one thing and doing it well - successfully administering the clients' 1031 Exchange. 

I hope you help your client with this bc in a way, you helped them get into this mess.

For STRs, material participation rules apply, and STR income is treated as non-passive, allowing losses to offset active income.This post does not create a CPA-Client relationship.

That’s a game-changer when it comes to flipping profits.Your scenario reminds me of a client I worked with in San Diego who flipped a condo after living there for a couple of years.

Several clients have also been wanting to move away from the great centers & their suburbs due to the crazy price increases from the last couple of years.

But I still have to recommend that clients get an inspection of course.

We've had clients over the years who love Bronzeville & Hyde Park and have purchased large buildings with condo quality finishes or updated the buildings & are cash flowing while living in the building.

Are you an agent paying a bird-dog fee to a lender for sending you clients or vice versa?

Had clients use them, and they claimed the process was way too tough of pulling funds.