Hi Josh, I ended up with a whole life insurance policy from Security Mutual.

Securing 2nd position financing is difficult, and increasingly so when the property is already levered at 70% LTV as your example. 

Hey @Christian Hanus, LLC are passthrough entities for tax purposes (unless you elect to do c corp which is not applicable here) So you hiring yourself to do your own renovations really doesn't do anything material.

I understand that as one acquires more types of assets, taxes can become more complex, and I want to ensure I'm maximizing my savings.Are there any CPAs in this community who also own real estate and could offer guidance or share their experiences in navigating taxes as a real estate investor?

Additionally, the owner's offer to share a copy of his passport, intended as a gesture of transparency, inadvertently contributed to our apprehensions.Given the paramount importance I place on maintaining the trust and security of my client relationships, I chose to err on the side of caution in this instance.

Is this after tax or pre-tax & what type of tax treatment is this investment recieving? 

BTW leases are in some cases actually considered real estate and the lease itself is taxes as real estate.

Oh, and are they suggesting you elect to be taxed as a C Corp? 

But post-tax is what matters most to an investor.

security, fencing, a guard dog inside or someone stays there at night $1500carry cost of your loan/tax/insurance$?