It’s the rotisserie chicken for $4 at Sam’s or the cheap Turkey at the grocery store at Thanksgiving.  

Sea and mountain views, nearby public transport, the hospital, restaurants, cafes, grocery stores, 5 min walk to the beach and 20 min walk to old town.

If you owned the local grocery story, you wouldn't apply their grocery bill to their rent payment.

What are the tax ramifications of deducting interest on the two units we rent out on a first lien HELOC if we are parking paychecks and using that line of credit for personal expenses (groceries, gas, maintenance items, vacations, etc.)?

Beyond property owner losses are retailers, grocery workers, dog walkers and all walks of life whom’s livelihood was interrupted.

Sometimes I stop for groceries or at a restaurant on my way back from the property.

When I am paying for groceries and fuel with crypto, maybe.

Actually it is, but when you keep it open for 10 minutes and then stuff it with goods you just bought at the grocery, irs going to take it 12 hours to get everything cooled down.  

I am in South Carolina and am trying to get a grocery store/convenience store on a portion of my acreage. 

Here are the key numbers:Potential purchase price: Mid-$400k rangeAppraised value: Estimated at ~$500kRehabbed comparable properties (comps): ~$580-600kMonthly PITI (with 5% down, including mortgage insurance): ~$3400First-year PITI (with 2-1 buydown): ~$2900Monthly income (after taxes): ~4-5kLiving expenses (utilities, groceries, etc.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.