More about this in IRS 523Even if you qualify to exclude part of the cap gain under Sec 121 you are still required to pay Depreciation Recapture on sale (not the case with 1031 Exchange)1031 ExchangeOnly rentals are eligible for a 1031 Exchange - this is good news for you.

Hi BP! I’m a new investor, looking at a potential duplex of 2601 sqft total (3 bed/1 bath each unit). The downstairs tenant has been there for about 10 years and is a smoker. Does anyone have any insights of how much ...

Do not EVER use the security deposit for repairs or rent while the tenant lives in the rental.

I have 2 LT rentals, one short term rental & my personal property-has a good bit of equity. (4 properties total) 800+ credit score & good income.I’m looking to get in the commercial space but I’m tired of putting down 20% cash every time I find an opportunity.

Rental property insurance (or home insurance) doesn't cover floods2.

I manage Short and long term rentals.

some complexes are grandfathered in and can do nightly or weekly rentals but there are few. 

I am an introvert and an engineer so talking is not my thing, but I love talking about this.Also, I'm not sure this is the site for this kind of development project since most everything I see is flips and rentals, although funding a custom build is basically flipping a brand new sustainable home.All the best!

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

We bought a rental property 2 years ago and it took us a year to renovate so we are in our first year of renting.