I am doing an intrafamily loan with my father for a home purchase in DC and need to make sure it is viewed as a creditor-debtor relationship to the IRS so he doesn't get a gift/inheritance tax.

If you have consumer debt or are spending money on luxuries, there is probably no need to go further yet, you want to get control of your budget first. 

So the charging order "charged" the debt against the one partner's interests in the partnership assets, so that when distributions were made, the judgment debtor's share weren't made to the defunct partner, but rather to the judgment creditor.

A lot of people think they have to do one or the other (pay of their student debt or invest) when you can to both at the same time. 

When you write the check every month, your check book doesn't know whether its paying good debt or bad debt, just that your account balance is reduced by $599.And one size/solution to the debt/no debt debate does not fit all people at all times.I think that it is admirable to have your personal residence debt free.

Thanks for the plug but I'm about as slow as congress trying to pass new tax reform laws.Trying to advise a BP poster with an opportunity in hand is frustrating.Biggest problem: lack of deal flow for poster translates into attachment to the opportunity.Next biggest challenge is lack of sufficient information to make an intelligent decision.Sure, I'd take the deal off the market and tie it up, however there are many hidden land mines and fresh cow pies along the way.It is possible to transfer title when record owner has filed BK 13 by debtor filing a petition for voluntary dismissal and getting an order for same.

At what point do you start paying off debt or stop buying properties.. like how many mortgages do you feel is easy to handle feel you won't over leverage. 

For example, someone can have a very low score but due to an old medical debt, or the same exact score but due to recent unpaid car note and utility bills.

I assume this is an unsecured note (no mortgage / deed of trust)If it’s just the note and it says California it would first need to be done in California and they may say it should shift to state where debtor failed to perform.Next time I recommend getting an attorney to draft docs as well because you probably should have included a confession of judgment which would have had you skip all this and get your judgment.

This is very personal question to what your appetite is.Personally, if I was as young as you, with no debt or all debt paid off.