And thanks for reminding me to back fill some detail.Some things off the dome - disclaimer - there may be more:- we review the file for disparate loan amounts (ie underlying lien cannot be more than new)- we assist with getting insurance in place- I stay involved in all my wraps post closing - if needed- we have auto releases in our deed of trust to avoid needing seller when all are paid off- we provide POAs to handle return of escrows and insurance claim proceeds- we advise how to handle re 1098 tax notices- we actually step in if there is overreaching or errors in structure/contracting- we encourage 3rd party loan servicing companies be used- we require the wrapped note to be obtained and reviewed before closing- we encourage an RMLO be used to vet end buyers- we advise of all required state and federal disclosures be usedThat is all I have off the cuff -- but very much looking forward to hearing from others on their risk avoidance measures

(The first $500k is currently tax free but becomes taxable 1095 days after you moved out.)It’s unlikely this price range will make a good rental, nor is it a property you would buy as a rental if you don’t already own it.

That option would be taxable to you. 

@Michael Plaks has a great post on this topic.2 - Assess the value of those tax deductions to you: The value of a deduction depends on (a) whether you're actually able to use it to reduce taxable income and (b) your marginal tax rate.As an STR, assuming the average rental period is 7 days or less, key items to consider are: (a) material participation and (b) avoidance of "excessive" personal use.

When planning a transaction that involves conveying real property to a controlled entity, the property tax records should be reviewed to determine whether there is a gap between the fair market value (“FMV”) (from the county property appraiser’s perspective) and the assessed or taxable value (the amount on which the tax is calculated).

This would be a nightmare to reinstate 100% bonus retroactively now, after millions of tax returns have been filed.Also, after a Federal change like this, states would have to decide to either conform or not, so this will amplify the PITA.Verdict: not happening for the current year.

This building is an older federal building with a main floor of about 30,000 sf with about 18 ft ceiling.  

Wouldn’t that be sweet for stocks in a taxable account?  

Seattle has a host of additional classes that you have to deal with above and beyond the federal seven.

Up to 80% if FICO is over 780, no appraisal under $250k value.First Republic - CAFremont Bank- CAFrost Bank - TXFulton Bank, PA, NJGFA Federal Credit Union 10 yr draw, 10 yr repay, MA, NHGranite State CUNH 90-100%Great Lakes Credit UnionChicago area ILGTE FinancialTampa, Sarasota area FL w 2 yrs tax history on propertyHanscom FCU, TXHSBC 70%, for premier clients only.