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And you should never create entities without having a clear business plan of how such an entity would benefit you.

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More states are creating "just cause" eviction laws, essentially stating the landlord must allow the tenant to remain in the property except for a few specific situations.It won't end well.

This isn’t just about bookkeeping—it’s about setting yourself up for sustainable growth.Many investors use a basic system with at least five accounts: one for income, one for operating expenses, one for taxes, one for marketing, and one for reserves.

@James DuganBased on Texas HELOC rules, your HELOC must be tied to your primary residence, so moving out could create compliance issues.

Alternatively, consider increasing rent or reducing expenses to boost cash flow.This post does not create a CPA-Client relationship.

The answer is obvious.I invest to create equity growth.Hope this helps,Arn

And NEVER put a property in an S Corp.It's like getting in the weeds and creating LLCs to start a business...just go get a customer to pay you money to do something and figure the rest out as you go.  

My partner and I are very interested in single family homes, As we enter into a volatile real estate market we are focused on families and creating wealth through selling affordable homes.