Guys I read a couple great posts here about HELOC for self employed businesses were there are many write offs to show an income on a tax return.  

I also have a good w-2, live below my means, no debt, and due to get wage increases in coming years. 

Stretch goals for the year include: getting my partner started with a flip and providing support as needed - she's a REALTOR, works in property management, and is interested in flipping; begin a marketing campaign to test out wholesaling as a deal-generation strategy.

CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.

I think the main thing is do you have a book keeping system in place that allows you to efficiently break out all income and expense from the triplex, especially come tax time? 

Cleveland offers a strong rental market driven by a growing population and can help ensure a steady income stream.

I have more bookings from Airbnb, but these are shorter (2 to 3 days) stays and represent 22% of income.

We'll cover 100% of the construction upto 65% ARV . no income and no doc .

Stessa is great if you are just trying to record income and expenses per property.It is not a good tool if you want to keep track of balance sheet items.Best of luck.

It seems like the income is significantly reduced when there is a mortgage but as a newbie I am trying to figure this out.Thanks!!