@Nicholas BetancourtYes, a separate bank and separate credit and debit cards will help with tracking income and expenses and will help with tax return preparation. 

This does not include any tax prep.

And the taxes and insurance?

When I received my 2023 taxes back from my tax preparer, I noticed that they included income from the DST's but did not include any depreciation. 

Full has authority to transact but there are steps they must follow including filing a Notice of Proposed Action with the Court 15 days prior to taking action on your offer.

Here’s why:- unless you strategically reported your taxes as making 100% income and not reporting an entire loss on your schedule e - you will most likely not find a lender who will qualify you for a HELOC.

Stay motivated as you build your financial foundation and continue to learn.I tell clients to look at other people's successes so that they can see that flips are happening in their area.Here's a listing for a property that was sold for $155,000 back on December 18, 2023 and is now listed for $245,000https://www.redfin.com/AL/Huntsville/3916-Binderton-Pl-SW-35...Here is another one that sold for $210,000 on March 13, 2024 and is back on the market for $284,000In both of these listings you can go to the Sales and Tax History and see pictures from the previous listing.

Nate, Usually the Fed wants you to pay tax on capital gains.

An S-corp might help to mitigate the tax, but it should be weighed against the admin considerations of compliance (eg: payroll, reasonable comp, etc.)

Only current business/investment properties are eligible for tax deferral under Section 1031.