If the HELOC is from an existing rental property (A) but funds are used for rentals (B and C), the interest must be allocated to B and C, not A.This post does not create a CPA-Client relationship.

Drop a post on this thread if you're interested in a quick call to share learnings.

You will be able to learn a lot from the forums and past posts.

Hi Ursula,Even though this post is a few months old, I thought I’d chime in just in case you’re still working through this or for future projects.

It's the conclusion you came to before you wrote the post I know but bringing up the challenges might make you realize that you might have to offer a heck of a good deal to attract a potential partner.

I always love these posts.

Getting right to the purpose of my post, with all the relevant context: I’m 52 and living near Seattle.

Such a nice post to read after some of the others today, Lol.  

He's going to try posting with a real estate agent for 90 days and see how that goes. 

At a minimum,  you should understand what the current zoning is and what restrictions there are.As the post above mentioned reaching out or going in person to speak with the planning and zoning department will be very helpful.