Capital gains are calculated as:Sale Price - (Original Purchase Price + Capital Improvements + Selling Costs) - depreciation (if applicable) = Capital GainYour mortgage or HELOC balance does not affect this calculation—it only determines how much cash you take home after the sale.In Massachusetts, if the home was your primary residence for at least 2 out of the last 5 years, you may qualify for the Section 121 Exclusion, allowing you to exclude up to $250,000 (single) or $500,000 (married filing jointly) of the gain from federal capital gains tax.

My mom says to ask if they're almost done with the application and let them know that another couple inquired and offered $1,700 and see if they want to match that price.

A potential issue that could pop up with the refi is your current address on the application being the subject property on a business purpose DSCR loan.

Hey Ashley So I would invest in a software like prop stream. you can make a list of landlords pretty easily with a software like that.

Most softwares will list (at least) name of guest, stay dates, ADR, and revenue to owner.

My best advice is to use it only if you have property management software that supports the platform.

Having a great self-storage facility software for online management is key!!

Management & Automation: For those managing remotely, what tools, software, or systems do you rely on?

If millenial homeowners can't even change their home's air filters, or snake a toilet, or change the oil in their car, that's guaranteed future business for HVAC companies, plumbers, mechanics, and those places all need a place to conduct business in.The commercial mortgage pricing software I use has somewhere around 50 different asset classes in it.

Quote from @Tod DuBois: Looks like everyone is using some software tools for various tasks, I'd not heard of most of them.