From a lender's perspective, separating personal and business credit is critical for scaling operations while mitigating personal financial risks.

I definitely appreciate the perspectives and insight!

@Bao Vu From a bookkeeper's perspective, here's how this should be reflected:Tax Basis for the Flip:For tax purposes, the purchase price of the property you flipped (bought in 2023, sold in 2024) will count as part of your cost basis.

How does it compare to traditional LTR from your perspective?

Resources / perspectives for ADUs in SLC are more than welcomethank you so much !

4) If yes to #3, then may I have the link for such a information from a Limited Partner perspective? 

Great perspective—turning this into an opportunity to stabilize the property and add value is key.

I'm coming on the forum to get some perspective and insight.

I’m eager to connect with fellow investors, agents, and local market experts who can offer insights and share experiences.I’m excited about building relationships within this community and would love to learn more about your perspectives on the market.

Let me break this down for you from a lender’s perspective:1.