If you're personally obligated to pay the mortgage, it counts no matter if title is later put in an LLC.

@Alina Trigub Luckily my wife's father is a GC, we have solid insurance and mortgage brokers, and an amazing CPA.

Every month I carry cash to my bank branch to pay down the balance of my mortgage, I've been doing it in the last 6 months, because I happened to have cash.I know if I do the same thing to my checking account, it could be flagged to the IRS as "structuring" or "smurfing", but does that apply to mortgage too?

. $975 should be enough to cover the new mortgage payment plus some.

1st- Start a partnership and get an EIN number2nd- open up a bank account in your funds name3rd- take capital gains and invest into a buy and hold in the QOZ4th- Collect rent, let the tenants pay down the mortgage and then sell after year 10 for the biggest tax advantageI flip about 6 houses a year- 2 of the 6 flips I will take the profit and put into the Fund bank account then execute one of my option contract that I have for houses that I know that would qualify for QOZ.I plan on buying 4 a year using this strategy but I will also wholesale any properties or opportunities I come across in my QOZ!

So based off this calculation I determined that my portfolio is strong enough to move on with my expansion plan into a new market.Business expenses as % of total expenses : 70%   1) Fixed Expenses:        a)Monthly Mortgages: 45% b)Property Taxes: 18.7%c)Utilities Expenses: 14.8% d)Licenses & Insurance:  5.4% 2) Variable expense - Water bills + repair expense : 16%  Personal Expense as % of total expenses: 30% My monthly living expensesa)Housing: 39.7% b)Child Care: 25.4%c)Living expense: 22.2% d) Food: 7.9 %e) Insurance: 4.8Income 1) Total Income - 100%  A) Rental Income: 42%  B) Wage income (W-2) : 26 %  C) House Flipping Revenue: 23%  D) Property Management Revenue: 5%  E) Stocks/Dividends: 4% Please let me know if you would like help walking through this process as it has been super helpful to understand my financial situation or send you the spread sheet I used.  

There is no mortgage and no note.

She is currently behind on her mortgage (she also plans to move out within the next year) and my wish is to help pay it off in some way, obtain her house and rent it out.

We are researching home equity loans, home equity lines of credit, and the possibility of refinancing our current mortgage to free up the cash needed to make those improvements and make the down payment on the multi-family unit. 

(Here is a good time to say that my 25 years of experience is in residential sales, mortgages, and property management; I have very little commercial experience to speak of.)My questions are: 1.