@Greg JungeGenerally you'll be able to exclude up to $500k of capital gain on sale of a primary if you file MFJ and both you and your spouse meet the use requirement (2 out of the past 5 years).I'm not a financial advisor, but I don't necessarily know that I would personally pay down the mortgage on a primary that I plan on moving out of in about a year's time unless there is some compelling factor.There's an opportunity cost to paying off a mortgage... 

Well, I'd contend you could change the word "house" in DR quoted "List your debts, excluding the house, in order" to "houses" and still follow the fundamentals that DR preaches.

Do remember that any business property is excluded above $2500 on the unendorsed HO policy.  

You will find low season starts once schools are back in session (mid-August) and runs to Christmas (excluding Thanksgiving).

The most common ways to meet the Accredited Investor standard are EITHER $1,000,000 of net worth excluding your primary residence OR $200,000 or $300,000 of income (single or married, respectively) in 2 of the last 3 years with a reasonable expectation to do so again this year.  

There is a special 2-year rule for the sale of a primary residence that could exclude up to $250K in profit per taxpayer from capital gains taxes.Just because you are in the 10% marginal tax bracket does not mean that all of your income is taxed at 10%.  

Assume Total Pre-tax Expenses (PTE) excluding non-cash expenses (depreciation) are about 50%.

I ask this, because Fannie and Freddie are willing to exclude a mortgage if you can show that you are not the one who has been paying it.

There is a limit on the amount of gain that may be excluded from taxes and there is no exemption for gain due to depreciation  taken since May 1997.  

In the last 10 years I have replaced one stove, one dishwasher and two refrigerators across all of our rentals (excluding buying new appliances for rehabs that had none).