If you pay cash, that money could be stuck there for years until you sale but you will have some costs of property tax, brush clearing and insurance.2.

This donation is tax deductible and we can provide a W-9 upon your request.

If I use my HELOC fund to buy a property, which of the following two options should I go with from tax or business accounting perspective?

I have my broker's license and I still use my longtime realtor to show me properties; I just needed my broker's license to set up our property management company, and I also get to use it for full-time real estate professional purposes at tax time (I'm retired); I don't use it for looking at properties or anything of that sort. 

Or counter some of the taxes?? 

@Michael Baum based on all of the equity you have accumulated in your lake house, do you think you could get a better “return on equity” by diversifying into other real estate assets? 

@John Davis - his niche is tax liens, and I'm sure he knows a ton about tax deeds as well . 

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

With this approach, you may maintain a small income while accumulating equity and offsetting housing expenditures.Investing in rental properties: In reasonably priced locations, you may purchase economical single-family homes or modest multi-unit buildings.

@Brandon Curry The first thing I would do is check the tax rate. $900 is a pretty big jump.