As long as your credit is good you, if your HELOC rates go up, you should be able to rinse/repeat that "0% balance transfer" option every couple years until the debt is paid off.There are alternatives out there as wellLoan on your 401k or IRALoan on your stock accountDown payment assistance programs that provide all or some of the downpayment money.

Mortgage lenders that provide the IRS with 25 days’ notice of an impending foreclosure can avoid paying off the tax debt when seizing the debtor’s real estate.Unlike other unpaid junior liens, the IRS’ security interest isn’t terminated by the property foreclosure.

The management company just happened to be hooked into the deal with Growth Equity group and they also provided the interest only hard money loan for the balance of the purchase price. 

I work with hundreds of out of state investors and quite a few physicians and most of them prefer to invest passively through a turnkey provider since their calendars are quite full.

I am available to answer any questions you may have regarding this disclosure and can provide documentation of my degree and employment if helpful.Sincerely,Jonathan C.

Prior to speaking with an attorney you need to learn how the syndication model works.Underwriting, LP/GP structure, fees, etc.A great book is Best Ever Apartment Syndication - textbook for this business.Happy to provide more insight on the process, if you want to send me a DM.

As such Schedule E does not even provide a line for wages/compensation (employees), the implication is a passive activity cannot have employees.

Therefore, they are added to the property's basis and recovered through depreciation deductions over time.Appraisal Costs: The costs of obtaining an appraisal for a rental property may be treated differently.

You provide a basic outline of a plan most investors can use to create a 7 or 8 figure net worth.  

Some of the core topics we hope to explore in our BiggerPockets profile include:- How our military experience has prepared us for the challenges of real estate investing- The process of getting started, from investment knowledge, to understanding different roles and titles used by real estate investors- The specific goals and milestones we've set for ourselves as we navigate this new field- The surprises, setbacks, and moments we encounter as we learn the ropes of real estate investingBy sharing our journey, we aim to provide a helpful resource for other newcomers looking to get started in real estate.