And below is my guess…Your in-laws will have to pay taxes on their half of the gain, $400k.The other 1/2 was not your primary for 3 years before it was your primary, so you have to pay taxes on 3/7ths of the gain, call it 43%.

Scroll down to the bottom half of the page.

I meet them at the apartment, sign the lease and get the month and a half deposit- and then remove the listing.

Check out bullet point 3 under (a) eligibility requirements which verifies that the borrower must be used for personal use and enjoyment (ie. you cannot use the property if you rent it out more than half of the year).

You will also have to recapture the 1 year times half and 4 years times 100% of building in depreciation.

Half of the houses here probably feel the same way you do.

I had one tenant who paid half their rent on the 1st and half on the 15th.

But that is only half of it.

Hi everyone - I have on the market my own class B 60K SF metal warehouse that I am thinking about converting half of the facility into flex space to lease out.

@Lisa HernandezI buy anywhere in a 50 mile radius around Raleigh, so if you find anything, let me know as well.