@Sam Gill You will need your accountant to agree with the applicability of the exception in your case but if you meet the criteria and have lived in it for less than two years you would take the $250k (500K if married) and divide that by 24 and then multiply by the number of months you lived in it.  

It seems a rent to equity ratio would be more applicable to that scenario.  

You Need A Budget is a true budget application where ideally you track every dollar.

My question is How many application can you take at a time ? 

That makes sense if you get to the 7+ number let's say -  the TK application starts to snowball it appears.

A lifetime cap of six percentage points subject to a minimum floor and a maximum ceiling up to any applicable usury limit, is reasonable.

I will have them complete a new application and lease when I close...any thoughts on this?

If you don't want to take the chance, you could build the cost of the policy in to the rents and then you would pay the costs and specify the limits, however they would still be the owner and would need to agree to sign the application.

Hello All,My name is Mark Despres and I just finished sending in my application for my real estate license in AZ.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)