Quote from @Kay S.: Well, I appreciate you taking the time to come back with an update.

Drawing money from an LLC for personal use can be done as an owner’s draw (for LLCs taxed as partnerships or sole proprietorships) or as a salary/distribution (for LLCs taxed as S Corps).

And I'm open to your comments, so please comment:)The SCS wants a wetland delineation and NPDES permit in addition to the normal E&S plan and stormwater controls.

It ain't the '80's anymore, sec8 tenant is a-changing.

Sold for $270 K on 10/4/2024120 S.

Tosta’s settlement is subject to court approval.The SEC's investigation, which is ongoing, was conducted by Kendrack Lewis and Melvin Warren of the SEC's Fort Worth Regional Office, under the supervision of Sarah S.

I attended the hearing/meeting.Basically, he was able to prove that the property was a two family/duplex since the 1950's.

Depreciation for what is left after bonus depreciation, the building itself, is indeed prorated, however it's a relatively minor factor compared to bonus.And read this post please, since there could be other things not mentioned by influencers: https://www.biggerpockets.com/forums/51/topics/1122635-the-s... 

The interest rate on a HELOC is usually higher than a normal 1st lien mortgage, but I am seeing some cases where HELOCs are in the 6's and 7's (where credit score is high and LTV is 65% or lower), which make them pretty comparable. 

For real estate, I used the P and S agreements for the longest time, but I wanted an easier way for those I bought from.