My jurisdiction has us sign a declaration stating we understand the risks associated with acting as Owner Builder:https://www.sandiego.gov/sites/default/files/legacy/development-services/pdf/industry/forms/ds3042.pdf

If I am not mistaken I heard a few weeks ago that there is more relief on underwriting self employed individuals on declaring income.

home insurance declaration says my name as "additional interest" then what is difference between "additional interest" and "mortgagee/payee loss"also can somebody please advice me attorney for the same in New Jersey.ThanksTag Private lending, bayonne, newark, union, jersey city, union, edison, new jersey

There is a clause in the HOA insurance that will cover pipe repair and replacement if the building is declared condemned by the city due to water-related issues.

This would be perfectly fine and something we recommend if a parent wants to 1031 into a house for a child - Make a lease, collect rent, declare income, and then gift back to the child if you really don't want to collect rent.It sounds like the way you've done it is a little fuzzier. 

Since rent wasn't paid, you're in default on your lease and can be taken to court for back rent and related fees.When an owner declares bankruptcy, the court has a decide how to pay the debts and which assets will be liquidated.

That is a regulatory declaration that you purchased it to hold for productive use.2.

It seems simpler and more straightforward to just default and declare the income, rather than take the money out and immediately put it back in to pay the note.Anyone have experience with this?

Declare rent, etc etc. 

Business pursuits or business property of an insured unless covered by primary insurance described in the declarations.