That's why it is called in-vesting.If you want cash flow, start a business.

PPP makes no difference other than he has a penalty at the end. 

Although no two people have the same experience while starting out, here’s a structured approach to help you get started:1.

Now some people have that no problem, but others forget that when you put little down, a refinance is not a guarantee because of the LTV factor.So something to consider.

Interest is always taxable, no matter how small.

Simple answer, yes these are all normal things to utilize.However, as to how they are used - that will depend entirely on where you are going and what you are trying to accomplish.For tax purposes, given it is generally a bad idea to use an S-Corp or C-Corp for holding real estate, any other tax structure will have absolutely no difference from one another - IE an LLC taxed as a partnership, an LLC wholly owned by you and disregarded for tax purposes, owning directly, or owning through a revocable trust - all of these have the exact same tax result at the end of the day.

We haven’t filed personal taxes as our accountant extended after an accident so have no “income” shown through taxes.

Happy to jump on a call and answer any questions about OOS investing you might have. 

I have no idea what the outside temperatures are (ie it is really hot out or cooler) and is she doing things to help keep the house cool? 

I still like LVP, but no way do I do the work anymore.