If they’re on a month to month lease, and you’ve offered them a year long lease that they have opted out of, you can adjust the terms of their lease once their month ends.

Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.

From my point of view for event guest screening and security deposits, Superhog is reliable and integrates well for STRs and events, but you might need to adjust its setup for your use case.

Adjust return based on holding time and risk reward.

After the property is acquired, during any 30-month period, the additions to the basis need to exceed the adjusted basis at the start of the 30-month period.What is the 50% of gross income test?

@Michael Anderson If the property had been sold, it would make sense to formally assign the lease and deposit to the new owner and memorialize an agreement to collect and adjust rents after settlement, indemnify the other party for things arising during their respective ownership periods, etc. 

If things are tight right now, maybe consider a side hustle or extra job until rent adjustments give you more breathing room.

I called them and found out that the miles needed for a Christmas trip I booked for my son and his wife went down (pretty substantially I might add) and Delta auto adjusted my miles.

There was one month where an adjustment to 2017 Illinois taxes decreased my disbursement a bit. 

It’s not typical for a lender to adjust the rate so late in the process without notifying you, even if there were issues flagged during inspections.