A HELOC felt like the right approach, but I'm learning it's pretty impossible to find a lender for my situation.

Hey there @Michael Labudzki - Can you help me understand your situation better...- Do you have 200-250k cash, or is that what you can get with your loan amount?

Loans like this can be useful or very dangerous, depending on how you manage your business.The ideal situation for a loan like this is when you have a property that will take a while to get up and running. 

I would recommend consulting with your CPA/a CPA to look at the benefits of a cost seg for your specific situation.

We're currently renting downtown and looking to get started as first-time home buyers in an owner-occupied duplex situation to start our path in rei. 

What does the partnership split usually look like in these situations? 

You'll need to keep good records, including the appraisal if necessary, and acknowledgment from the charity.In terms of how much you’ll actually get back in terms of tax benefits, it depends on your specific tax situation (your income, other deductions, and tax bracket).

Hello everyone, I'm currently in a situation i was hoping to get some helpful insight on.

Of course, every owner's situation is unique and factors like the legal entity involved, purchase date, adequate passive income that can be offset with the cost segregation study, etc., will need to be considered.

It is definitely a STR bubble situation it seems.