I aim to have it show the impact of K1 losses if the syndication offers it, and that tool is helpful because some of the comparisons will show a real estate syndication vs mortgage notes or debt funds that may not offer the same tax advantages/losses.I've included some of the criteria I was putting on the Excel calculation below.

I don't know the numbers on your property, so I'll create a hypothetical:Assume your principal and interest on a $300k loan is $1,263.You're sitting on the potential to get $155k (tax free, btw), but the rate will be 7.5%, taking you're principal and interest to $2,100.Yes, it's $900/month more, but you have $155k of tax free money in the bank.

Our house is assessed at 415000 and the mortgage is 269000 and not declining because everything goes to interest, taxes, and insurance, nothing to principal.

But the upside is also much bigger than saving money in the savings account and lose it through time due to inflation and no tax benefits.

September 13th we went back to court for our "Second Cause" which is where we present our case for how much the tenant owes us. 

Tax preparer doesn’t like the shoebox of receipts anymore.

The seller is going to give me a note above the amount I still owe on the mortgage.  

DSCR loans typically have higher rates, pre-payment penalties, and may not let you pull as much money out as you would like because they will be based on 2 factors: the appraised value of the home and how well the rent coming in can cover the PITI payment each month (Principal , interest, tax, insurance). 

Though we can do that, LLC is preferred by most of my clients.o Individual credit will be used for determining max leverage (80% LTC is highest available) and interest rate.o Personal income, taxes, and debt-to-income ratio will not be utilized.

Why not sell at a stepped up basis and pay zero taxes Uncle Sam?