Thanks again for sharing your perspectives Bruce.

@Kevin Zmick  I would also add your part of the city to get local perspective but it looks like you might be in Chicago?  

I have several out of state and am currently seeing Charlotte, NC (where I now live full time) taking off from a long term growth perspective and fitting your metrics.

A tax account ensures nothing is accidentally spent elsewhere, and a marketing account makes sure lead generation is always prioritized.From a credit perspective, connecting credit cards to these accounts on autopay helps you manage spending responsibly while playing the credit game.

If you are near the end of your journey and simply looking for stability and low overhead then I could see paying off mortgages, however that is not the most adventegous from a wealth building perspective. 

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 !