I would love to learn from this if you are willing to share.

Do you have any insights on HELOCs that you could share?

To help you, we have developed a simple tool for gauging your emotional response to some common aspects of rental ownership.

Quote from @Anthony Dupre: @Chris Seveney Would you mind sharing a high-level overview of the structure your billionaire friends have set up?

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

What I am wondering is there a way to structure the ownership of my LLP's to stop having to legally pay taxes in Canada and only in florida .

I’m sharing my experience so others can avoid the same issue. 

Research shows that the more experienced home buyers have a longer and generally more specific list of demands than first-time home buyers.If our buyer does not have a home tour checklist, I give them a version that I have used for years (I did not create it, another investor shared it with me and I have used it). 

@Lauren Cartmell 95%+ of agents only know how to do owner-occupied transcations:(So, be careful.Adding to the advice already shared, an experienced investor agent will know that there will be no showings without an accepted offer - to avoid pissing off your tenants with constant showings.

It’s also a good idea to network with local investors—there are groups and meetups where you can connect with people who can share their experiences and give you the lay of the land.If you want to chat more about Memphis or need help finding local resources, don’t hesitate to reach out.