@Jaekwan Lee see copy & paste below:Purchase Agreement Clauses for Buying Tenant-Occupied Rental If you’re considering buying a tenant occupied rental property, there are some documents you want to acquire for review prior tothe closing.

To try and set up a landlord policy prior to closing or even shortly after closing would not be recommended.  

You must have lived in it for at least 2 out of the 5 years immediately prior to selling3.

The seller doesn't want to do the fixes prior to closing but is ok with the 300k credit. 

Thanks to a special IRS tax loophole, homeowners can exclude $250,000 to $500,000 of capital gains from the sale of a primary residence, so long as they have lived in the property for two out of the prior five years."

Our tenant's lease is up August 31st. How many weeks in advance should I advertise the listing? I did list it last night on Zillow, Avail, and FB marketplace and have already received about 8 inquires, which makes me ...

She has volunteered to replace it, however it already had a bit of previous damage from repairmen who came to work on the fridge prior to my tenant renting.

@Tchaka Owen - so I’ve had mixed experiences with both Lending One & SIL, If the need came up again, i’d probably look for a new option... in addition to Lending one.Experience 1: Lending one, was preapproved for a loan on a new purchase & got all the way to scheduling the appraisal when a mysterious cap was put in place requiring a 60k per unit valuation (was never disclosed prior or even mentioned as a risk), they pulled out.

From prior research, it appears that Avail is on accessible via website; it does not have a mobile app yet?

But if I put 0 for the state tax, my follow up question is how should I report this passive loss to NC which may be used to deduct future passive income.If you know any detail tax instruction for NC state that can help with case that would be also very helpful!