.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today. 

Not fully rented, but in a highly desirable location? 

Of course this is on the high end of what I have seen in Oregon we can usually get to the same place for 100 to 200k..

Did you not get a copy with your 2023 tax return?

@Zhenyang JinIf your LLC includes you and your business partner, yes you should file a 1065 partnership tax return.

My wife and I earn over $350k a year in our jobs and all of that is now going to pay down debt.We have the option to increase our HELOC to unlock some more capital which I'm considering doing to try and get a good return on my money and pay down the debt faster, but given past experiences I'm not convinced it won't end up with more debt.What would you do at this point?

Is there any software where I can filter out properties below a certain return? 

Many of my clients are high W2 earners who are taking advantage of the "STR loophole." 

I'm open to properties were cap rate is around 10%+ and Return on Cash is 10%-20%. 

I have just received a draft of my tax return with the schedule E.