Greetings,We are wondering if anyone in the Greater Wichita, Ks area knows of companies that are attempting to begin a residential assisted living home?

However, the remaining gain not covered by the Section 121 exclusion is taxed at your ordinary income tax rate.Here's how the calculation typically works:Calculate the Depreciation Recapture: The $9,000 of depreciation would be recaptured at a maximum rate of 25%, which is $2,250 (25% of $9,000).Calculate the Remaining Gain: Subtract the excluded amount (Section 121 exclusion) from the total gain: $100,000 (Total Gain) - $9,000 (Depreciation Recapture) - $250,000 (Section 121 Exclusion) = $0Tax the Remaining Gain at Ordinary Income Rate: Since the remaining gain is $0, there would be no additional tax on the gain.So, based on this calculation, it seems like there should not be any additional tax owed after taking into account the Section 121 exclusion and the depreciation recapture at a maximum rate of 25%.It's essential to review your calculations and ensure that you are accurately applying the exclusion and depreciation recapture.

Not furnishings but selecting the materials that will go into the new design of the home. 

Prepay HOA fees, buy a home warranty, prepay some other kind of service that can go on the alta.

Dirty work, not fun work, but will get you inside a lot of homes, maybe help you learn Spanish, and help reinforce how picky you want to be with tenants. 

First time home buyer and I decided to go with Pomona.

Typically, 15- 20% NET income based on cash purchases.All the best  

I've got a single family home rented out in San Jose, CA and unfortunately my long term tenant has stopped paying rent and is ghosting me. 

I give 25% upside to home field advantage, meaning the property is local, I know the streets/neighbors, and I can see it touch it smell it any time of the day. 

This home came equipped with an above-the-garage addition (600sqft) the flippers added on (permitted).