17 April 2020 | 7 replies
In your scenario going by number of people may be easier: if you have two renters and yourself living there, 2/3 of household expenses can be deducted from that rental income: 2/3 of utility bills, repairs, etc.I hope this helps!
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17 February 2020 | 9 replies
The affordable units are not subsidized, they are rent restricted, and the max rent you will be able to charge for that unit is based on the following which I pulled directly from a density bonus agreement:The monthly rental rate for each Affordable Unit (which shall include a utility allowance based on the utility allowance schedules published annually by the Housing Authority) shall not exceed 1/12 of thirty percent (30%) of fifty percent (50%) of the Area Median Income, as adjusted for assumed household size and utilities.
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16 February 2020 | 11 replies
It is one of the most affluent townships in the United States based on average household income.
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1 March 2020 | 15 replies
Sure, go ahead and let 20 people share a bedroom.That all brings us to our local fire codes that in fact limit the number of people per household and/or bedroom, and of course this varies a bit from municipality to municipality.
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26 February 2020 | 2 replies
You can filter by equity %, household age, absentee or homeowners and many more.
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10 March 2020 | 9 replies
Population over 100k2. .5% or more year-over-year (YOY) population growth3. 1% or more YOY median household income 4. 2% or more YOY job growth5. 2.5% or more YOY median home value6.
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3 March 2020 | 4 replies
@Sean HollandThis would not be a recommended strategy for several reasons.The IRS could look at any such arrangement as effectively a means for you to indirectly access or benefit from your own funds.Similarly, though you are not married, if using your IRA to benefit your girlfriend and this enriches your shared household, then you are potentially benefiting yourself in that fashion as well.
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3 March 2020 | 16 replies
I looked at data on datausa.io, which a fantastic website, and there are plenty reasons why a property in Leander would appreciate more than Round Rock.Round Rock vs Leander:- Population: 116,369 vs 40,338- Population growth: 3.19% vs 11.4%- Median Household Income: 76,295 vs 89,649- Median Household Income Growth: 2.98% vs 7.3%- Number of Employees: 60,906 vs 21,037- Number of Employees growth: 4.35% vs 16.7%- Poverty Rate: 8.2% vs 4.24%- Leander is closer to Balcones Canyonlands National Wildlife RefugeWilliamson County (northern) vs Hays County (southern):Williamson County seems to have a higher income, but Hays County has a higher margin of error.
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10 March 2020 | 11 replies
I have worked to save up a few years of household expenses so I can focus on this full time.
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9 March 2020 | 14 replies
At under 2x net, the resident has under $1,200/mo to live on...for utilities, car, gas, insurance, maintenance, tolls, groceries, medical, household items, clothing, electronics, social, etc.