Same trade, different company.

I was "traded" last year to a subsidiary of my long-time employer and that subsidiary is now an independent company.When signing up for benefits this week, I noticed something unusual about their 401k offering.

If you're reporting interest of $600 or more that was paid to you in the course of your trade or business for a loan secured by a property, it's mortgage interest and should be reported on a 1098 form. 

So it’s a trade-off for sure some of my offers will not be excepted but the realtor is not running around spending time showing multiple houses. 

Won’t that negatively impact my credit score since it’s trading one type of debt for another?

@Al Bryant@Todd RasmussenTo dovetail on what Todd said - basically, when you buy an investment property you will either buy it with cash, or buy it with leverage (a loan).There's a lot of consequences from going one direction or another, some of which include:Cash deals can sometimes come at a steeper discount compared to buying with a loanCash deals can sometimes only be possible on certain types of properties (banks will not lend against assets that have too much risk or work needed)Cash deals tend to close quicker...Beyond that, what Todd said is true. 

Trading time for experience may be an option.

I’ll trade the hammer for a qualified GC or PM and for three more properties cash flowing (and appreciating) at $350/month.

Only the subs need to be licensed in their trade.

Trading SS/Medicare taxes for SEP contributions not sure it would make sense.