As a newcomer to BiggerPockets Pro, I'm excited to expand my existing portfolio, which currently includes 7 properties/10 doors.I've decided to shift my focus to the Northwest Indiana market.

By the way- You may also decide not to sell the properties but refinance and rent. 

Based on what you say, your business partner will have Suspended Passive Activity Losses if you decide to pursue cost seg + REPS tax strategy.

Hey everyone,I’m curious to hear how you decide whether to move forward with a fix-and-flip or hold onto a property for long-term rental income.

Start by deciding whether to purchase your first property, invest in a short-term rental, or build from scratch.

Hey @Anthony Dupre, whatever you decide for your entity structure, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations.We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).

I decided not to proceed because of the $15k cost.

I would first of all decide not to make any immediate decisions.

This would make it into two, two bedroom units with the intent of making them long term rentals.I'm guilty of having a lot of projects going at once so my focus right now is bringing the cottage to a point to refinance out of the private money and either make it our primary residence for a year for the financing perks or to go straight into a short term rental.With the four bedroom house I'm trying to decide if it's worth splitting into two units or if I should keep it a four bedroom rental.The cottage I'm also tempted to do mid term with to lower the turnover and maintenance but open to suggestions.The third property I'll probably just let the current renters pay the mortgage for the time being if I'm able to acquire it anytime soon.

I decided to open a HELOC on my primary residence, this allowed me to have access to capital if I came across an available deal.