Started renting it out in Summer of '24 when I first moved!

Property management is a separate license in Alberta.Correct.

I've finally found an auction property I'm interested in, and I’m ready to make a move!

We love the ability to move cash in and out of the heloc as needed.

I know a common practice (at least for syndications), is to create a separate LLC for the property and then raise capital once the deal is already under contract.

So you move on.I also like Robin's Saturday morning group in west FTW. 

The Section 8 move in phase of your rentals is critical. 

You can do the refinances separately or depending on the details bundle them into a portfolio or blanket loan. 

We are just starting to research and plan for a move out to the southeast somewhere, still in early planning phase. 

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.