That was along the lines of what I was think, just not sure how to start. 

Hello all,Im hoping to get some thoughts from some experienced Landlords on your processes for turning over tenants.

My question is can I still foreclose on the property this year.

I am wondering if i am being too conservative on some costs. 

-One of the cheaper options I have found is TaxAct Business ($140 + states), and TurboTax Small Business ($739 + states).The issue I am potentially running into, and I am not sure if the online software's mentioned above can handle (they won't tell me unless I pay for advice), is figuring out how to make sure the losses/initial capital contributions are reflected on my K-1 and not my business partner, since I made 100% of the contribution.

A Heloc is loan that can become a sore thumb if not used correctly and can hurt the property it's on and the users credit.If you are going to use the funds for a down payment then a Cash out refinance is what you want to do to get the cash in hand. 

We renovated most of the house over the last 6 months and just made it active on Airbnb April 2024.

"Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collateral to a loan.

I accumulated about 50k in bills/expenses on cards during that time  and another 50k doing renovation on both rental property and my primary residence.

I bought a pre HUD mobile home on an acre last year and rent it to my handyman.