However this last tenant left our unit in a very damaged and extremely filthy state that took considerable work to remedy (which was a surprise because they had been pretty responsible until this event). 

I am willing to offer my services like social media marketing, branding, presentation, organizing events, crunching numbers for free.

In the event they do not get rid of the dogs, they will owe a few grand by the time they can get the AB468 compliant ESA.  

Jackson nailed the answer to your first question.A HELOC is a line of credit using real estate as collateral.A credit card is a line using your credit as collateral (nothing).A business line of credit uses your business as collateral.A "PAL" or pledged asset line is a line of credit that uses your investments as collateral.Etc.All of them share in common that they are a line of credit; you draw what you need and only pay interest on what you use.Traditionally, lines of credit that have collateral are going to have much lower interest rates than those that don't, like credit cards, because in the event of default there is nothing to seize.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

The thing people aren't talking about is that it is up to the buyers sole discretion on what house they want to purchase, who they want to help them accomplish that purchase and if they are willing or able to compensate a buyers agent in the unlikely event the seller is not offering cooperative compensation to the buyers agent.

You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings6.

You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings6.

Thank you Eric, we have some great networking & masterminding events coming up!

I am probably going to try renting my unused basement for STR in any event due to incremental cash flow (STR loophole or not due) but wanted to check on the right accounting treatment. https://podcasts.apple.com/us/podcast/tax-smart-real-estate-...