That’s why you should document the cost basis of your home over time.To calculate the cost basis of their homes, owners typically start with the purchase price.

Typically I don't argue with people on it, I just tell them to do it if they don't want to hear my points.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Hi Josh,FHA 203K loans are typically limited to primary residences.

Also, any investment interest expense that ensues from passive activities typically does not qualify for deduction either.

I started with Virtual Assistant and gained knowledge about different categories of Real estate and now I am running my own Real estate VA services team.

It is typically 1% of the loan amount.

Hey Ralph,Typically if you sell a property or any asset for a gain within 12 months, you pay capital gains tax at your tax rate. 

I feel like it's a way to keep people on the platform and appeasing hosts, instead of offering more supportive customer service. 

Then around the 10th you would receive the rents they received minus any charges for heir services, repairs, etc.