Question about buying rental property, should I incorporate
I have a home and a rental property...I'm considering buying another one. Should I incorporate and buy it under the corporation? What are the pros and cons? Just wondering what I need to be concerned about if in the next 10 years I feel like buying a couple of more rental properties.
Also the current rental I have, should I convert the mortgage into a HELOC? Or will that be bad for my credit? MY primary home already has a HELOC.