Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to husband and wife state law entities in community property states.

Did you finance this deal with a local bank or credit union?

Should We:Sell, take advantage of the capital gains law, move, and pay the mortgage off on the new house, credit cards, etc…?

When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer. 

Since then, I have started my own cleaning company specializing in Airbnb Turnovers, Commercial Real Estate, and working with Realtors to help create memorable client experiences. 

For example, there are many local credit unions that offer loans with as little as 5% down on multiple investment properties with no PMI.

If I recall correctly, Rent Redi even gives them the option to pay using a credit card. 

@Kana Watanabe HI Kana,  I work with a company who specializes in ADU's.  

Based on an inspection report on one of the deals I worked on last year, I was able to negotiate over $15k of credits and repairs for a $200k house using a $400 inspection report for one of my clients.

If Don fails to pay, the bank will certainly go after me, it will at least ruin my credit and will likely take me to court.