I let my accountant know theres an error and he is attempting to fix it.

I have a separate account for my real estate properties and keep a base amount there.

Does anyone have a personal experience where they were sued for such an amount that umbrella insurance kicked in?

Investment Info:Small multi-family (2-4 units) fix & flip investment in Bedford.

The good thing about bonus depreciation is that you can take the amount eligible for bonus depreciation in that given year.For example - if you place a $50,000 item under 5 Years MACRS on December 31st, it would be eligible for bonus depreciation which as of right is now 60%.

Second - a DSCR 30 year fixed perm loan to refi the hard money loan and hold onto long term.What others have replied to is completely accurate - it is hard to accomplish BRRRRs right now due to the DSCR refi constraints (interest rates, LTVs and seasoning periods), however, not impossible.

The assignment fees then enabled me to roll into other strategies, buy and hold, fix and flip.  

Your minimum down payment amount for a 2-4 unit will be about the same as an often required 20-25% down payment on a co-op.

You could buy the meter, have a plumber install, you connect to computer, charge the exact amount of water usage. 

I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?