If the HELOC is from an existing rental property (A) but funds are used for rentals (B and C), the interest must be allocated to B and C, not A.This post does not create a CPA-Client relationship.

Maybe look for a different type of tenant that doesn't leave every year or sell the place if it isn't meeting your other investment objectives.2) As PM's we always seek prior authorization for expensive turns or capital projects, even though the estimates given to our owner-clients are often ball-park numbers.

Work out a fair revenue-sharing model, such as a flat lease or percentage of profits, and consider hiring a property manager for oversight.This post does not create a CPA-Client relationship.

That is for larger companies or for disgruntled clients or relatives looking to help.Per diems only work in theory.

If you didn't find a property manager yet, my company specializes in multifamily properties in the greater Phoenix area and are taking on new clients.

Other risks, the contractor walking off the job, a storm hitting and delaying the project for weeks, someone breaking into the home and stealing stuff (which happened just the other day to a client of mine), a squatter, or drunk driver driving into the house (happened a lot at my old job as a firefighter lol).

Have a client that does sober living homes here in B/CS.

Get SMLLC to start, you can elect S-corp when the time is right.This post does not create a CPA-Client relationship.

All of Bernie Madoff's clients thought their accounts were in great shape until the day the news broke.

Now, you don't need hundreds, or even A hundred clients to achieve your goals.