To be very clear, Revenue Ruling 2023-2 does not impact those utilizing Revocable Living Trusts.

Hi Daniel,You're in a great position with $400K in home equity but cautious about its impact on cash flow.

As a technician I am familiar with the "feast or famine" mindset, self managing & organization, and how my personal effort impacts my income.

The shorter the prepayment term has an impact on increasing the rate.4.

Using a service to report rent debts to Credit Bureaus can be very effective at recovering those debts because it can impact their credit report and score for years to come, typically 6-7 years depending on location. 

Hi Alex,You're right that what you do with the sale profits (like paying off another loan) doesn’t impact your capital gains tax treatment.

@Srinath Gopinathan in my experience your generic lawyer is too risk-adverse and or trying to make a buck by overcomplicating a situation. 

Every condition that is adverse in real estate has a positive side to it.

If the property is paid in cash and later a mortgage is secured does it impact the UBIT question above ?    

While renovations and other expenditures can be capitalized (and in some scenarios deducted) when you classify property as a rental, that might not be a significant impact if you intend to sell the property soon and can qualify for the 2 out of 5 year deduction for primary residences.