Let’s say that once your tenants pay you rent you still have about $971 in PITI.

We have tried brainstorming everything from purchasing the Phoenix home and keeping the mortgage as is in Washington (essentially a family estate), renting it out and using that cash flow to pay for the Phoenix house and trying to break even that way.Thank you for reading this and taking the time out of everyone's day. 

I did not have to pay for any architectural plans. 

We also put some gaming chairs and a couch and a table for classic style Families love this set up because they can leave the kids in the game room and then have fun playing on the pool table or other parts of the house that they’re younger children playing in the game room a mini split to help with temperature control and get really cold at night and really hot in the afternoon in the summertime.

If you reported less than what they think you should have - expect an automatic adjustment, a letter or even an audit.Since in case of private money you as an investor act similar to a bank paying interest to the lender - should you send your private lender form 1099-INT?

You can come up with your own reasons why all tenants would be paying in cash. 

Ask if the seller wants to be the bank, explain the savings in cap gains, and then see if you can structure a lower down payment to go direct and then you can pay the price they want if you adjust the principal and interest in your favor.

Willing to pay for functionality that let's me do this on my iPhone quickly and easily.  

no real way around it unless your in the business and you can offset some of your interest income with business deductions but you still have to spend the money to deduct it.. although driving to your loans may allow some car write off perhaps.but really your going to make money and pay tax's its better to concentrate on the collateral and a safe investment so you actually have some income to worry about.. 

A wrap-around agreement is a type of secondary mortgage financing and involves the buyer paying the seller directly for a residential property — often at a higher interest rate than the original mortgage.