A close friend of mine in Houston once had a client who owned two properties across different states.With your North Port place being so fresh (2021 build) and on a canal, you’ve got strong appeal for folks looking to enjoy that waterfront Florida vibe.

Many private and hard money lenders will refinance your investment property if the numbers make sense.

That could help manage tax liabilities while keeping the property in the family.

At that point in time the market was still hot for properties at my price point in my buy box.

The entirety of these cities aren't just comprised of cheap run down properties. 

You can use your HELOC for down payment to acquire the property instead. 

The due date for 1065 returns is March 17th this year.Yes, you can deduct all property related expenses on the 1065 return. 

My business could then pay the utilities, property taxes, mortgage interest, insurance policy, and home repairs. 

The other contributing factor was the poor property management and sponsor asset management of the properties.

House hacking is often promoted as the easiest way to get into real estate—buy a property, rent out part of it, and let tenants cover your mortgage.