Hey @Andrew Bosco I have not personally done it but some of the biggest data centers are going up in central OH. 

The IRS will receive a copy of your 1099.

First one on the scene is a great position to be in.  

This doesn't pass the sniff test.

The listing parties all seem to have 2024 accounts.     

I have a few properties at the Cape.  

Of course in the JV deals I do where we  come into title I pay tax at the state level if there is tax. 

Does anyone know if there is any flexibility here, including if I can keep the HELOC if I have had it for 12 months (so stayed in the Primary Residence for a year after the HELOC started)?

They come with strings and fees so whether they are worth it depends upon whether you can live with the strings and have enough gain scale to justify the fees.I was looking at Delaware Statutory Trusts for similar reasons and opted not to go with them as most I've seen are incredibly inefficient due to massive internal fees which grind into dust much of the tax savings, so what would be the point. 

They all say the same thing.