Updated over 5 years ago on .
Need expansion advice
Need help navigating this situation: I have 11 rental houses. All cash flow. Just last year I started full-time into it. I pay myself the contractor fee on each house I fix up myself (5 houses last year). At tax time, my tax person said that all my self-pay for contactor fee had to be categorized as a deduction on income taxes. That in turn made my taxable income lower and now banks dont want to loan me more money. Thoughts or ideas to continue funding? I'm thinking of additional co-signer or private lending.. Also I have 32k equity in my last home I just completed and have rented.