Hopefully a tax expert can weigh in on this topic, as that's who should be answering your questions.

You can also benefit from the substantial equity in your property.3.

Hey Al if you really want it to be local bank, got a guy named Jeff Goldstein of City National bank who can help you out with this.

Any ideas as to how I should approach.

@Matt Durik, I always try to make things cookie cutter if possible.

If you or someone you know is active in this space, I’d love to connect and discuss how we might collaborate on upcoming opportunities.Feel free to reach out directly via DM and I look forward to learning more about the local market and building strong partnerships!

Hi there,Considering a duplex as your primary home and renting out the other unit is a great idea, but you need to understand how interest rates work in this scenario.When you buy a duplex and plan to live in one unit, you can still qualify for a residential mortgage, which typically has better interest rates compared to commercial loans.

You can typically borrow half of your 401k balance as a loan as long as you are working for that company still. 

Unfortunately, the hours you spend managing your plumbing company likely wouldn’t count toward real estate professional status (REPS) hours.

Toward the end of the due diligence period we received the final piece of critical info to make our decision: a lease agreement for a cell tower on the corner of the property.