Devin Bost
Do I need a property manager just to manage bookings?
27 September 2024 | 9 replies
Perhaps, hiring a local co-host (or even a boutique manager) who is passionate about your property’s brand might be the sweet spot.PS: One interesting fact—Evolve’s 10% fee often excludes local vendor costs like cleaning, which can add up to an additional 10-15% of revenue.
Bruce Woodruff
Any experience with the HomeLight program?
24 September 2024 | 1 reply
With this, as a lender we can exclude any payments for the current home to help increase your borrowing power for a new home.
Aaron Sweat
ADA Units and Their Market Value
26 September 2024 | 17 replies
You can choose to accommodate without being obligated to make an ADA unit...Option 1) Items that are more difficult or only of use to a specific disability could be excluded.
Joe S.
Should tenants be charged for flushing……
22 September 2024 | 20 replies
Specifically regarding plumbing you could add (depending on your State or Local Laws) "... unless determined by repair person that such blockage occurred during the time Tenant controlled the Premises and due to some fault or negligence of Tenant, specifically excluding blockages caused by roots or backups from the street..."
Lilly Fang
My first BRRRR, almost done! Just rented it!
22 September 2024 | 7 replies
The rent is $2345+$50 pet fee excluding utilities.
Jessica Petrone
Co-signing for child/ cannabis industry issue
20 September 2024 | 3 replies
If down the line your son started to make the mortgage payments on his own, if you have 12 months of on-time payments from him, you can exclude the mortgage from both of your debt-to-income ratios for qualifying.
Daniel Windingstad
Out-of-State LTR Investing
27 September 2024 | 48 replies
I have owned up to 200 units in one market at a time and I've owned as little as 40 long-term units in one market, excluding our vacation rental.
Justin Lovelace
Capital Gains on Sale of Primary Home and invest in Business?
17 September 2024 | 4 replies
If more than 2 years, you probably can exclude up to $500k in gains, assuming you are married.
Kristen Negrotti
Construction loan in second position?
16 September 2024 | 3 replies
One last thought applies to a scenario where there is a lot of equity in the existing home even if the developable parcel is excluded.
Yoshi Uem
Tax treatment for duplex selling
14 September 2024 | 6 replies
@Wayne Brooks is also correct that you are under no obligation to use the excluded gain from your residence to purchase new property (although I assume you still would since...you're selling your house).