CONDO ASSOCIATION HAZARD/FLOOD INSURANCE DECLARATIONS PAGES: If this is a Condo, associations usually carry hazard/flood coverage as part of their association dues.

I'd take another 200K and just dedicate to my own fix and flips here in Indy.I'm a car guy and I'd take 100K and dedicate it to flipping old muscle cars which I have a history of.I'd take another 100K and put it some deals as a LP.Then us the reserves as needed

So, when the insurance company sends them my Declaration page it will have the LLC which would be on the deed & my personal name .Every LLC will be an additional $200 yearly ( as you know ) & my insurance will go up several hundred on each property. 

Every HOA/COA Declaration has a unilateral subordination to a first mortgage. 

Financial suicide......The only people that should try and own and operate D class units are local and VERY experienced in that genre... they know all the eviction attorneys, law enforcement, social services and local "muscle" to handle the class of people and properties you will deal withNew and out of state?

They were finally getting somewhere with having him declared incompetent when he suddenly died.

@Ana Brasher,There is no official declaration or form that is required by the IRS or your state Department of Revenue when you start using the vacation property as a rental. 

This applies to properties used for the production of income, such as rental properties.However, if you initially declared your property as an STR (which typically falls under different tax rules), you might have been using a depreciation period of 39 years, which is common for non-residential property or property used for personal purposes.When you convert your property from STR to LTR, it's considered a change in use for tax purposes, and you would adjust your depreciation schedule accordingly.

I was issued a 1098 by title upon sale, and I understand that I have to declare this in my taxes, but I’m not sure how to go about it given that this wasn’t my home.

Finally, you could just exclude the note from the exchange and declare a 1031 on only 50% of your property.