higher rates, but sounds like it fits your situation.

There's no reason to jack up tax rates just because a house is used as a rental rather than a primary - all it does is inflate the rent at the renter's expense. 

@Dominique Coffin,This is much more common in our current interest rate environment. 

I believe that double what the rent currently is a fair rate for the market. 

As a notary or NSA, you CANNOT explain anything to them except a general description of a document or where to find things such as the rates, terms, etc because that would be considered illegally practicing law.

I've seen online that the housing market in Dallas is tricky at the moment and that interest rates are expected to remain the same for 2024.

After doing this, I then run the property through Airdna.co and/or Mashvisor.com Both of these tools will give you projections of what type of rental rates, price per night, bookings, occupancy, seasonal variations, etc.

Hi Dany, Check the estimated rental rates on Zillow.

As for the 1% interest rate - the IRS has an Applicable Federal Rate which needs to be used for Federal Tax purposed.  

-Time to Lean into Interest Rates.