One asked me to sign an exclusive buyer agency agreement, and the other one never mentioned signing anything and ultimately brought me an off market duplex which I purchased. 

You will also account for depreciation when you sell so your gain on paper will be more (but don't forget the owner occupant taxable gain exclusion on your primary if you lived in it 2 of last 5 years before you sell) Your calculation of 1200 expenses -1600 rent  needs also needs to include  5% capex 5 -10 % property management and any other expenses, lawn care ect. 

Wanted to share that BiggerPockets is launching a pro-exclusive 12 week Rookie Bootcamp in late August, with Ashley Kehr leading the way.

Second Home Requirements must be occupied by the borrower for some portion of the year is restricted to one-unit dwellings must be suitable for year-round occupancy the borrower must have exclusive control over the property must not be rental property or a timeshare arrangement1 cannot be subject to any agreements that give a management firm control over the occupancy of the property

To qualify for the Section 121 gain exclusion you have to live there 2 out of the last 5 years as your primary residence.  

Zumper, Craigslist, local campus newspaper will get you an idea. 

If you're correct and the deed wasn't recorded in Nassau County then I think there would be a claim under the policy since it insures his interest to the exclusion of all others as of the date of policy. 

@David Jarboe David - I own 9 doors exclusively all turnkey (Florida and Ohio).

For the landlordlock lovers, bear with me and keep an open mind.Keypad entry has been discussed as a 3rd option, and always as mutually exclusive to the two main camps above.

Hi all, I’m coming to this group because I’ve now gotten different answers from different cpa’s and I figureD this might be the best place to help resolve this or see if I need a third opinion. I’m trying to understan...