Hey Ting,So even though the property and loan were under your name, the IRS looks at beneficial ownership, not just whose name is on the title.

Same time, I can let her stay til the family find new home but afraid if she keep complain after lease is terminated.As I have another project, I am ok if they live quietly but what will be the choice if the lease is over and tenant still live there?

I'd suggest narrowing your choices down based on your long-term goals and what excites you most (sounds like hands on flipping).

There are many reasons why a cash out refinance is the better choice but there are a couple of reasons a Heloc can be used.

Having a single CPA allows for consistency in tax strategies and communication.However, there are times when it’s beneficial to get a second opinion.

It’s completely normal to feel a bit of analysis paralysis, especially when you’re in a position to make a move.The choice between a short-term rental (like Airbnb), long-term rentals, or a duplex comes down to your personal preferences and lifestyle.

I need some advice on which choice makes the most sense starting off?

😀But I have to get to it since the right choice here doesn't seem to be that obvious. 

I’m also thinking about using an S-Corp or another passthrough entity for tax purposes.I'm looking to scale my real estate portfolio, and I know that starting sooner rather than later will be more beneficial in the long run.

Without a diligent and responsive professional, touring, offering and closing on a prime investment property of choice is less likely.