if it is unsecured loan that is the consequence, you lose they entire thing. as far as tax write off, sorry but none.

Hence the lot on which the house resided was taxed at a 45% discount based on actual value, while the tennis lot was taxed at about 4 times what it should have been by value. 

He owns 1031 Federal Exchange and is also a tax attorney. 

I’m looking for ideas of how to do this, and any advice on how to protect my primary property along with paying low taxes. 

First off to be clear when using income for these screening purposes its GROSS income (before taxes).

You'll get pretty good depreciation when it comes time to do the taxes.

@Kelly Taylor who doesn’t like tax free atm withdrawals?  

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

They want stronger tenants with stability to the cash flow today and into the future especially we are over 10 years into an economic cycle but Trump's tax policy juiced it a few more years.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.