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

Depending on what softwares you use they can usually pay for the background check themselves.

They are better at screening and keep out the trouble-makers that don't pay or trash the property.

Happy to let this property do what rental property does best- pay for itself.

Aside from that, the seller pays nothing else.

So if you buy a 5 bedroom house and rent the spare 4 bedrooms = you can still sell tax-free under the 121 (you just pay back depreciation) If you buy a duplex and rent 1/2 and live in 1/2.

Someone else pays your mortgage.

When you borrow money you agree to pay it back.

And you want the person you’re doing business with (your buyer or seller) to be someone you can rely on to work with you, not against you.This might seem like a silly word to use in the context of these very official business transactions, but I stand by it: You have to pay attention to vibe.You know when you’re not getting a good feeling from someone.

. - If you just personally paid for the renovations then the interest won't be deductible because "paying yourself back" doesn't qualify.