This ensures compliance and may help with future tax benefits.Kansas: File a resident return, including the Missouri loss, which can offset other income in Kansas.Even though no Missouri tax is due, reporting the loss properly in both states is essential.

Interest rates and cap rates change, competition changes, your PM ends up being horrible, lots of variables.Just to throw you a monkey wrench, in your killer spreadsheet does it include the credit score, income, and employer of every resident? 

It really helped us get a better interest rate on the property and typically allowed us to put 10-20% down since we were buying the home to be our primary residence. 

Hello all,I have owned my primary residence for 3 years.

I am pretty sure you can not do a 1031 and use the proceeds to do anything to a primary residence.

We've rented out some of our best investment properties (New Construction/Turnkey) to Sec 8 residents, and the rent guarantee always helps in achieving consistent cash flow each month.

As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.

It should have been communicated that we had a plan to assist you and would waive the new resident lease fee. 

If you have an LLC operating in another state but you reside in CA they make you REGISTER that LLC as a foreign LLC doing business in California. 

If you eventually convert the property to your primary residence and later sell it, the taxes would be prorated based on the ratio of time the property was investment property.These items should be addressed and discussed with your tax and legal counsel to ensure that the exchange is the best course of action given the restrictions and requirements.