This feels like such a unique time when traditional routes are limited.

@Kishor RaoPhiladelphia is a unique city that it has its own city tax filing which many tax professionals miss if you don't know the city's tax laws very well.I am a CPA that invests in PA and as such know the PA state tax laws very well.

Thank yuo @Isaac Pepper, I really appreciate your perspective on this one as it is unique.

“we lent You $300k, we’re accepting $200k as repayment, forgiving $100k which we have to 1099 you for”. 

As I involve my self into new conversations and friendships I find that I seem to keep hearing a unique situation.

You would have to market this unique arrangement in the local paper or Facebook ads.

For those with federal/direct loans in income-based repayment plans, this has been a godsend.

Purchase price: $218,000 Cash invested: $6,000 Bought a Unique little house on a 1/4 Acre to rent out and let equity build!

Currently finding the balance between designing unique rehabs that preserve the rich neighborhood culture and... actually getting houses sold. 

That changes if you turn it into a rental.For that reason, it might be better to sell your personal residence and using the gains to buy a couple more rentals.Of course, check with a CPA regarding your unique situation.