If you were to buy a similar home, the interest and property taxes alone may amount to that much, which, in my opinion, is a waste of money as well.

They can guide you on tax advantages, asset protection, and multi-state strategies.A HELOC is a smart way to leverage your equity—ensure your financing structure aligns with your long-term goals.Since you plan to add multiple properties annually, consider setting up bookkeeping and financial tracking systems early to streamline your operations.Best of luck with your BRRRR journey—it sounds like you’re off to a strong start!

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Mortgage interest deductions are typically claimed by the partnership on its tax return and passed to partners via K-1 forms.

On the renewal for the license, I asked if the loft was considered a bedroom and the response I got (unsurprising when it comes to taxes & fees!)

AND, if you ever sell without a 1031 before you die you’ll probably end up paying higher taxes in the end.

Further more I only need to file taxes in WY since I am not in CA so not doing any business there so don't have to file CA taxes.My questions are as follows:1.

Just think tax deductions 😂👍🏼

do any body know how or inside information about make money with tax deeds sale excess proceeds I need the inside information 

Tax assesments can be way off.