Don’t worry if you are new or seasoned, to over complicate yourself with that, just be sharp and honest.

The ramifications that stemmed from it were complicated.

It makes it a little more complicated with showings but the PM and agent can help make that easier.

You get to live in a property you own for free or almost free, while learning the ropes of being a landlord and you get very very favorable financing, where you don’t have to worry about finding private lenders or getting into any complicated or exotic investment strategies on your first deal.

Quote from @Sean O'Keefe: It’s more complicated then I thought to find a Real Estate CPA 🙂‍↕️Feel free to give me a call to discuss how I can help.

I think you may be over complicating it.  

Chris Mason Your idea, though clever, is too complicated.

I know it's complicated, but I just really am looking for help and direction with this property.  

It gets complicated if you use a HELOC towards two separate projects as you would need to pro-rate the interest across the two projects.However, the answer would be yes, they would be deductible.

Land leases often complicate financing, limiting your buyer pool, especially if lease terms are unfavorable or the remaining lease duration is short.