Do another heloc if anything, sell your primary, OR find creative ways to cashflow even more from this property so that way you can subsidize your interest payments for your primary home.

Most my clients do conventional and some creative options for a bit extra financing if needed, saves a lot on fees/financing costs this way.  

Some investors scrape these records or use data aggregation tools to build their own lists, ensuring they’re tailored to your criteria.• Networking & Local Groups:Engaging with local wholesalers and real estate investment associations can also lead to referrals for quality data sources.

They were adamant about understanding my goals and situation to ensure I was matched with a property that made sense for me personally.

If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.

Send a document once and ensure it includes a deadline for their response and a consequence for failing to respond.

Best to check with a tax pro to ensure compliance!

By doing this, you’ll avoid any surprises down the road and ensure the deal still makes sense for you financially.

Consult a real estate attorney and CPA to finalize the LLC structure and ensure the transaction, tax filings, and ownership terms comply with state laws and IRS regulations.

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.