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.

Work with a qualified tax advisor on filing all of this including filing the 990T return for the IRA.

In Cumberland, a good 60+ % will qualify for this service.

So back to the drawing board, but for myself the big takeaway is to continue on the course that I set out on and too continually learn and stay involved with goals that I set out on and to stay focused.

Your ability to qualify depends on income, credit, and lender requirements, but leveraging your equity makes your request more feasible.

Whether a flat fee or percentage, a PMC has an obligation to fill the unit with a qualified tenant. 

As someone who has served on a permitting board, I can tell you that a good relationship goes a long ways.

You'll also need to know your rights because the Review Boards often try to intimidate owners.

$1,500-$1,600 is about the going rate for a 2/2 in most average areas of BR, but I can see where some neighborhoods would get more.Another thing to think about - if the property is sitting vacant right now and you have ready and willing (and qualified) tenants, then the opportunity cost of waiting an extra month or two is $1,550/month.

I'll introduce you to the owner of MR Qualified Alternatives.