Although this bill would have as its purpose or effect the requirement of a new or increased expenditure of local funds, the bill is excluded from further requirements and application under Amendment 621, now appearing as Section 111.05 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, because the bill defines a new crime or amends the definition of an existing crime.Section 4.

In that total of expenses, CapEx (reserves) are included, and debt service is excluded (because some pay in cash thus no debt).

Or, should I stick with the first Pay or Quit Notice (which excluded June rent) and move it forward through the eviction process?

Also, if you own a multifamily, and increase on any unit(s) but also live in a separate unit, you are excluded from the law.

@Eric Richison , Please talk to your CPA before relying on this calculation : Total ownership period 9.3 Non-qualified use   4 Gain     350k Non-excludable gain 151k Remaining gain   199k       Remaining gain of $199 can be excluded under 250/ 500k exclusion This is a general calculation.

@Carson SweezyA primary residence is specifically excluded from 1031 treatment.

Property managers can have cut and dried policies that turn applicants off or excludes them.

Excluding the obvious such as criminals, those with pets or children etc based on your specific property type. 

If I sign an EBA with someone I feel that I must exclude any home that I list.

1) this is on the tenant for not reporting it to you timely.2) you need to trap but also exclude rodents from the building.