The interest would be tax deductible due to interest tracing rules. 

@Kelly Taylor who doesn’t like tax free atm withdrawals?  

When you say "we," are you speaking about your business or your personal tax returns, or does your business flow into your personal returns because you file as a sole proprietor?  

Does that qualify for a home office tax exemption?

 - prop 13 basically fixes the property tax.  

@Fulati PaerhatiA 1031 exchange is a powerful strategy to defer capital gains taxes and grow your rental portfolio.

That had even a passing resemblance to tax returns or financial statements4.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

@Megan HerringtonBigger Pockets is a great place to find a real estate tax accountant. 

Thanks again for your input, and I'll probably reach out as I get further along in the process.Hi @Edward Zachary Samperio, the regulations aren't that difficult and I'd be happy to give you a quick rundown about the density limits, hotel occupancy taxes, permitting, etc.