Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift. 

You may be able to see if a retailer still sells the 2024 version.If you can't get the one time purchase, you would need to see if the cost is beneficial.For real estate -  Quickbooks desktop > Quickbooks online because you can set up multiple entities within quickbooks desktop and not pay an additional cost per entity that Quickbooks online would charge you.Best of luck! 

Electing disregarded entity status avoids additional filings while achieving the same tax outcome.This post does not create a CPA-Client relationship.

In addition to public Service Jesse Brewer is a real estate broker with over 20 years’ experience in dealing with rental properties both as an owner / manager, but also as a broker selling them.

The additions are usually small.Buy focusing on real high value places, you are putting yourself in a narrower guest pool.

In addition to the issues with debt costs, the properties don't seem to be functioning in a manner that will lead to profitability or even break even.

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

When it comes to housing, the FHA rules apply in addition to those of your state/city.

I had one overall criteria and that was could I create additional value and could it pencil. 

I should add it will be a short term rental property.