Brie, yes we do IL Are busy with several closings at the moment.  

My business partner is a wholesaler in Fort Worth/Arlington. 

My broker assured my property manager they will receive the same coverage as before, however internet articles claim  additional insured  "is not covered by the polity for any liabilities arising out of your business.""

What Insurance coverage you need to require of the Pharmacy in the lease (General Liability, Professional Liability, Environmental/Pollution Liability, Business Auto, Workers Comp., Umbrella Liability. 

The area where I dont have detailed time logs is prospecting / relationship building for my real estate business which is 100% SOI, Social media posts/stories, attending social events, networking events, friend/family events, etc.Side note...we have no kids so time to do both jobs is abundantly available.

Most investment and business real estate qualify as capital assets. 

But figure with a growing airport and travel business in Madison that could be a great idea. 

With and average occupancy ranging around 60% (depends on your product) the earning potential is high.

If I use my HELOC fund to buy a property, which of the following two options should I go with from tax or business accounting perspective?

I know that some brokerages carry products that honor and recognize ADU's but some will follow a "best and highest use" and consider the property itself a duplex after all that work.