You can as the employee choose to convert that amount to Roth status after the contribution has been made.

You can request to have the local licensed mental health professional who diagnosed her condition and provided her with an ESA recommendation contact you directly to confirm this for you (directly being the operative word here, not by sending a note to her and then she sends it to you so she can edit it/fabricate it).

Purchase price: $21,000 Cash invested: $21,000 Sale price: $30,000 Bought a 2/1 that needed quite a bit of updating, but it had an elderly tenant in it that had health issues.

Purchase price: $21,000 Cash invested: $21,000 Sale price: $30,000 2/1 that needed quite a bit of updating, but it had an elderly tenant in it that had health issues & also had a son staying there that didn't work or helped her at all with payments.

Purchase price: $21,000 Cash invested: $21,000 Sale price: $30,000 2/1 that needed quite a bit of updating, but it had an elderly tenant in it that had health issues & also had a son staying there that didn't work or helped her at all with payments.

Just be sure to take into account taxes and the extra costs and time that you will have to incur to make a change versus the status quo.

Out of that, they have to cover their expenses like E&O insurance, Realtor association fees, MLS fees, and all the expenses that come along with being an independent contractor like health insurance, car insurance, vehicle maintenance and gas, clothing, laptop, phone, etc. 

It is similar to putting money into a cafeteria plan for pre-tax health care, but this is saving money pre-tax for a down payment. 

Most of them are likely not coming back this fall due to expanded travel bans and health concerns.Covid might be a catalyst for some long term changes of the American Universities, much similar to the potential long-term change it might bring to remote-working.

@Susan TanYou also need to find out what special assessments they have charged in recent history and what the financial health of the HOA budget looks like.