Some reassess taxes when a property is sold, others do it yearly or every couple of years, regardless of sales.You can ask the county assessor how they handle reassessments and whether it’s tied to sales or a regular schedule.

I'm definitely going to list on both FF and Airbnb, and although AirBnB instant book is preferred by tenants that could be a scheduling nightmare.

As a note, I am active duty military, scheduled to deploy sometime next year, and I have plans to rent out the unit I am staying in once that time comes around. 

Typically, you'll report it on Schedule B (Form 1040), which is used for reporting interest and dividend income.

We will schedule one in Queens! 

Nobody can safely and legitimately sell tradelines better and quicker than these guys, nobody pays more to do it, and nobody has a 100% commission referral program for each card uploaded by any/all new sellers you refer - without limit.I'm extremely experienced in this and although I've been through a couple growing pains with GFS they've ironed out nearly every issue and went fully transparent with their payment schedule and their system to prove that they will not manipulate pricing based on individual customers.

@Brock Mogensen, I scheduled a demo with their team and it looks like a great product.

I know it is alot, but I thought with a open schedule and possible ability to get this property at a discounted price it could bring in some return as I would have an easy tenant and location is perfect. 

This allows you to cash out earlier if needed.Example: You could offer a 30-year amortization schedule with a balloon payment due after 5 or 7 years.

Which ever home you choose as the main home it will be a tax deduction so it should work out in the long run.Another thing to consider is having two primary homes does not offer a great Schedule E option where you can have the bigger tax shelter.