@Davit Gharibyan They advised correctly, this adds no additional value and no additional liability protection, only additional expenses.

., income - expenses).Individual foreign investors pay income tax at graduated rates up to almost 40%.

Quote from @Michael Plaks: There are many CPAs here and many investors who think they are CPAs.The key issue to understand is: you cannot create any tax losses from renting rooms in your house.So if I rent out one of my rooms at say $600 a month ($7200 a year), I cannot deduct more than $7200 in expenses? 

Is it just another expense to factor into the numbers when analyzing deals? 

We have about $250k in equity, its only cash flowing about $200 after expenses, but our loan is only at 2.375%.

While I find it interesting I think VRBO (like Airbnb) benefit from us lowering rates and getting more booking for less money so I feel there is a conflict of interest.

Higher price points are all things equal better for building equity, lower are better for cash flow flow. 

If you’re in that situation or anticipating it, you can take advantage of a number of strategies to pay lower capital gains tax on real estate.Understanding the Capital Gains ProblemMany homeowners who purchased their homes long ago have seen huge gains in the value of their residences.

When it comes to wisely investing our hard-earned money, it's important to consider the data, seek advice from locals, or even visit the location in person.The cost of living in Jackson, TN is 4% lower than the state average and 14% lower than the national average.

Pierre Eade @Pierre Eade   Are you looking to pay off the HELOC just for a lower rate?