Check with your local credit union

However, this means you’ll need to comply with the annual filing, franchise tax, and reporting requirements in both states.

But, you still own house and benefits are as follows.1. tax benefits2. principal payoff on your note.3.

What paperwork should I keep a paper trail of to make things like taxes and other situations better/easier for myself?

Given today's market.But conservatively, at those prices ($1,100 studio, $2,100 house) they would bring in$38,400 a year. 53% of that would go to fixed expenses ($899 mortgage @ 2.15% interest, $5.8k property tax, $4k house insurance).

I know I could put furniture on 0% interest credit cards, but I would need 2+ years to pay it off and I don't want to have to jump through hoops to cycle a balance onto new cards. 

Plus it's ordinary income so it's a nice tax hit.

Most commercial lenders want a 680 credit score,  or they won't talk to a borrower.      

This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.

Approximately 6-8 weeks ago my attorney stated he was unable to get the delinquent tax 'owner' nor the squatters served in this matter.