Typically it requires that the parent have lived in the property as his primary residence, and it also becomes your primary residence. 

Indetermining the new taxable value of the replacement primary residence, the full cash valueattributable to the unit that was the original primary residence will be compared to the fullcash value of the replacement primary residence.For example, a duplex that is comprised of two identical units has a total factored base yearvalue of $300,000.

For example, we are working with one investor right now to purchase a STR but he is not as concerned about being cash flow positive since the house is also for personal use.

Typical might be average $6,000 a year in distributions a total of $30,000 with the balance of $70,000 from increase in value.So you might look at that breakdown, the more cash flow the less appreciation dependent the deal is. 

What I do know is that most educational programs have a disclaimer that says “these are not usual results” or something to that effect after they give glowing examples.

Personally Tyler is one city I would love to get involved in the future as they have good numbers on population growth, unemployment, income and rent growth.Other examples of landlord friendly states include TX, AL, FL, AZ, and OH.

If it is, for example, 2 miles off a dirt road, well you say that in the ad.

Using your duplex as an example, you want to be looking at leverage - what components of the transaction (including soft costs) will the bank finance and will they capitalize the interest reserve?

Our company does mailings from time to time and without fail there’s typically somebody that pretends they’re offended because they got our postcard. 

I noticed that quite a few other hosts only keep their calendar open for three months from today’s date.Is there a strategy behind this or is it typically just personal reasons?