Very high level, the key talking points are as follow:The IRA may leverage, any debt instrument must be non-recourse, meaning no personal guarantee from you.Common non-recourse lenders such as First Western Federal Savings and North American Savings Bank are fairly conservative, so be sure to check with them early to determine how much liquidity you can pull from your current property and how much you will need to keep in reserves going forward.The use of debt-financing creates exposure to a small tax on Unrelated Debt-Financed Income (UDFI). 

I purchased a new home which is my primary residence but I think this could work for house hacking.NASA Federal Credit Union offers no money down and no PMI (at a higher interest rate).

Wasn't able to tag you Andrew, but I was referring to complete loan from private lender, no federal underwriting at all.

.- The electrical panels were all Federal Pacific, which are junk and need to replaced:- The roof was a flat roof (which we obviously knew), but the torch down wasn't properly installed (we had a roof inspector look at it) and so it would probably only last another 5-10 years.- All the patio doors were aluminum and some had broken panes that were letting in moisture- There were consistent tenant complaints about the utilities.

Which means you’re causing yourself to be on the back burner. 2) your LO is delaying contacting you or submitting the information you gave him. 3) with the recent government shutdown, it’s possible the the federal department that processes your special type of loan was shutdown.

IF that is an old Federal Pacific box it would /should be gone as of yesterday They had a issue of not tripping and instead causing fires. 

I would have thought it was a capital improvement as well but I have been getting conflicting messages about tax relief for federally declared natural disaster zones and the property is located in one (Hurricane Irma).

You "Do Not" want to run afoul of any Securities laws, either State or Federal. 

It's the state community property law that may require some massaging.As far as contribution into an LLC I don't see a reason again from a federal perspective why your wife couldn't sell the property 1031 and then purchase the property. 

You may also be required to file a non-resident state tax return with Alabama.Filing a NY tax return is more difficult than it was in years past as NY is not following many of the federal tax laws.