The person I spoke to has provided credit score, previous tax forms, and account statements.  

Property tax? 

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

Pay the liabilities off during the refinance or you can go DSCR an avoid income and tax returns buy using the rents to qualify.Usually the cash out refinance works best by paying off some or all of the high payment debts.  

These LP's are also usually invested in the most risky partnership opportunities, miss out on the most efficient tax treatment and never get to take advantage of the realization events your LP's will experience.

Since we are a credit union, we are exempt from intangible taxes.

Sale price was $1.8MGross Rents- $220,000 annuallyMgmt Fee 6%= Taxes and insurance= $32,000Other - Expenses- Maintenence upkeep= $20,000Not accounting for minimal vacancy.  

If you currently own and it’s appreciated, sell tax free.

You have additional costs of money to the seller so they can move, you have closing costs, and mortgage payments, property taxes, insurance and utilities plus any rehab.In a Subject To deal, there is always the possibility of a Due on Sale call.

I then have my Chase Business Account linked to Stessa so it will import the payments and still run all the features that I like (Tracking Rental Income, P/L statements, Tax form simple print outs) because it will sync with my Chase Business account.