. :)If it's a pure rental property appearing on tax returns that is no the subject property, and rental income offsets PITI according to that spreadsheet, qualifying income is added, and PITI is excluded from the debts column. 

For anything that is broken or that needs inspection after the the first 30 days of moving in I charge the tenant for the first $100 of that expense to have it fixed, excluding major fixes such as Air Conditioning, Heater, etc.The reality is that if no one was living in that home nothing would break so they are partially liable for it. 

The 121 Exclusion allows you to exclude up to $250,000 in taxable gain if you are single or $500,000 if you are married ($250,000 per owner) provided that you have owned and lived in the property as your primary residence for at least 24 months out of the last 60 months (2 years out of the last 5 years). 

I also rent to people with section 8 (excluding HUD).

Example, if you have a 5% loan, your monthly rate would be 5%/12 = .416666% per month.pv (present value) = 300,000fv (future value) = 0type (beginning of period vs end of period payment) = 1 (beginning)Strictly the mortgage (excluding PMI, taxes, insurance etc) would be $4,222.58/mo in this scenario. 

With online forums, as with any medium that excludes face to face interaction, there can be problems with interpretation.

If a liability arise from inside the LLC, you can lose all the asset in the LLC but it won't propagate to the member/owner's other assets held outside that LLC (fraud and company veil piercing excluded).In case of an outside liability claim, if you own an LLC in a state where the sole remedy is the charging order, a debtor can not reach into your LLC, but just get a charging order against the distribution made, if any.

I would also not exclude cap ex, and I would for sure find out what your lawn care expense would be in Florida (seems like it would be a year round expense).  

If you are searching on google you can try the location + "estate sale" -real and that at least excludes real estate from the search.  

To think that an entire group of people were explicitly excluded by the government from one of the largest housing booms in our history (post-WWII) due to the color of their skin is mind boggling.Maybe Section 8 isn’t the right answer- it might be building more government housing (as they have in the UK) or something else.