Feel free to reach out with any questions about loan options or how I can support your real estate journey!

If you ever need insights on financing options for rental properties, including DSCR loans to scale your portfolio, I’d be happy to help.

.$300k mortgage at 7.25% (30-year): $2,046$300k mortgage at 7.6% (40-year): $1,996Technically, it lowers the monthly, but not by much once factoring in the rate adjustment.

Have been exploring other options as well.

One option I'm pretty familiar with is land conservation easement/fee simple - though this is more of a strategy to help with all AGI rather than strictly capital gains.

Transportation options are plentiful.

While you likely won’t owe taxes due to the loss, filing is still required since the rental property is located in Missouri.Kansas (KS): As a Kansas resident, report the rental loss on your KS state return (KS-40) since Kansas taxes your worldwide income, including out-of-state rental activity.Tax Impact: The rental loss reduces your federal taxable income and may lower your overall state tax liability.

The planning staff should be able to walk you through any options for zoning changes or variances if there's a way to make short-term rentals work in your case.

I would like to find a way to generate additional income and am exploring options other than having a long-term roommate.

You can always lower the rent if need be.