I was reading about the interest tracing rules and it seems like if I do a cash out refi (even on a primary residence) and then put that cash in a separate investment banking account, I can begin writing off interest from the investment. 1) I wanted to see if this sounds doable, and if there is guidance on what I can do with this. 

Also have the landlord write down what the rent is and that one month's rent ($XXXX) will be paid upon them leaving as per the govt rules. 

Your realtor should know what info they need and get it sorted before you start writing anything on paper.

Please write/connect if interested in networking or perhaps forming a group.I am a CPA, living in NJ and working in NYC.

I’ve been using a normal accountant for several years but I don’t think he’s properly crediting for depreciation, and I know my wife and I are close to qualifying for real estate professional and the subsequent active income write offs…my accountant won’t even look at it.

It took three weeks to hand-write all those letters, $550 in stamps, $120 in envelopes, and all of those inputs gained zero output. 

Most will ask for it to submit with any offer you write up. 

Good way to write off a trip as you go to check on condition of property etc! 

No, there was a realtor but Hawaii requires a realtor for all land purchases and if your try to do it without a realtor, then no lawyer will write it up for you.

Three weeks to hand write the "golden letters", with content that came directly from one of the "gurus" at our market center.