Paragraph 3 does not apply to residential landlords who issue a termination of lease ornonrenewal of lease due to the need to move the property owner or property owner’sfamily member(s) into the property and where the property owner or propertyowner’s family member(s) move into the property within 7 days after it is vacated bythe tenantIt's probably worth talking to an attorney about this specific exclusion. 

@Danny Lee I invest in Staten Island almost exclusively, can’t really speak to NJ.

What reservations, if any, would you have if a property management company is the service provider for an HOA & in the HOA CC&R’s the same prop mgmt company has exclusive rights to leasing a community of Multifamily properties?

What reservations, if any, would you have if a property management company is the service provider for an HOA & in the HOA CC&R's the same prop mgmt company has exclusive rights to leasing a community of Multifamily properties?

Hi @Diego Briceno, you need to get Stessa right this very instant.I started using Stessa in 2018, fully committed to using it exclusively for my tracking and oversight of my property financials, and it is insanely useful and keeps getting better and better.Also, it's $free.99. 

After 1 year of ownership, the rate will drop to a much better long-term capital gain rate.For the $500k gain exclusion, you normally need to wait 2 years from the date you moved in.

Don't make a decision exclusively on past experience. 

I have been narrow-focused because I am exclusively House Hacking and only have 3-5% to put down, but I agree that I could find alternative methods if I get creative.

This is what I use exclusively if I'm not refinishing an existing floor (old hardwood).

Where I own, there are people who are exclusively AirBnB and others are exclusively VRBO with similar performance.