@Feras Saffar-there is nothing you can put in a lease that can prevent everything bad from happening-if you screen for high quality tenants that can help-yes, you will experience turnovers that exceed the cost of the security deposit. 

You are charging 10% interest, which gets taxed at ordinary income so you will pay 2-5% state tax on that money as well as your income tax level.

I will need to secure their interest onto the deed of trust but need help with a document that can get this done.  

Being tax efficient is very important. 

They love knowing more voters/tax dollars are potentially headed their way 3.

Hello BP community I have been trying to save some money up from working 2 jobs the last couple years and I finally feel like I am in a secure enough spot to try to get into either wholesaling or flipping.

Let’s say we pay X amount in mortgage.My question is : how do I calculate mortgage/interest/property tax for other house which we have rented so that I can deduct that from rental income?

.; 4) trip to your rental for install; 5) un-installing the current doorbell; 6) installing the new door bell and wiring it; 7) securing your rental upon exit, clean up and disposal of the old doorbell; 8) trip back to their office --- Umm...

It can be used as income the year after you collect if filed on tax returns and offers deductions as well to offset monies owed. 

Are there any tax implications or other considerations if we use this loan for our personal home project?