Got an equity line of credit and borrowed from it to pay cash for the property.

My knowledge is free, but I am most happy to charge for it, if someone is willing to pay!  

You will report worldwide income on your federal and Kansas tax returns.You will also include the MO activity on your KS return.Your MO return will only include the acitivity within that state, which in this case, is the rental property.In the future, if you have income in MO(either through the sale of the property or through rental income), you will pay tax to MO but KS will give you a credit for any taxes you pay to MO.best of luck

The property is currently tenant occupied on a month to month lease at $1150 per month.

How much in education did you pay to get Tyler Deveraux and Ryan Wooley listed as advisors on your website?

He pays seller's note ("outside" loan), and then the seller turns around and pays his loan ("inside" loan).

I pay a real estate agent for listing properties and I handle payments through Rentec Direct app.What is the rate that should be paid for property management (partial PM as described).

I have a w2 job that pays just enough but looking for opportunities to increase my income to invest more aggressively. 

They must be very low odds because insurance companies are in the business of making money, not paying out maximums.

Policy Loan Costs & PerformanceYou’ll still pay interest when borrowing against your policy.