If they do let them stay for a couple of extra days, do not simply take the current rent and divide by 31, do that and double it.

However if they are on limited income, military disability, SS, pension and they are currently paying a similar rent, no major other payment, I will waive the requirement.

I currently use Buildium and only have 29 units.

Thanks for any current info and updates you might have.

There are many ways to avoid taxes, so nobody can give you a complete answer without knowing your entire tax situation.If your only taxable item was selling this condo, you would owe long-term capital gains on the $150,000 plus ordinary income on depreciation recapture.

If you are near Chicago I can share some great events coming.If you own your home you either have to have equity or renovate to increase equity in order to refinance....is that the case for you currently?

I'd be happy to connect if you are interested in learning about Kansas City's current market.

We currently own an STR in Red Lodge Mt.

I currently live in the unit that I will be converting into a STR.

You could ask them if you could start with the process-ie have a builder look at the property (with the owner okaying when you do it to avoid problems with people currently there), come up with plans, so you can start as early in the new year as possible.