Forum Replies Created
-
AuthorPosts
-
SD Realtor
ParticipantThere are previous postings on this. Not cheap but it will not break the bank either. Use a licensed contractor who will do this with the proper permits that are necessary when you remove/fill in an in ground pool. AN posted some links on this before.
SD Realtor
ParticipantThere are previous postings on this. Not cheap but it will not break the bank either. Use a licensed contractor who will do this with the proper permits that are necessary when you remove/fill in an in ground pool. AN posted some links on this before.
SD Realtor
ParticipantThere are previous postings on this. Not cheap but it will not break the bank either. Use a licensed contractor who will do this with the proper permits that are necessary when you remove/fill in an in ground pool. AN posted some links on this before.
SD Realtor
ParticipantYeah that 2 out of 5 years exclusion is nice. Even if you pass that exclusion though, if you have cap losses you are carrying forward from perhaps stocks or something, if you sell the home as a purely income property you can line that gain up against those losses. Don’t forget to recap your depreciation though. On the other hand keeping that home for the long run is a sweet idea if you can tolerate that. Assume renters will treat it poorly. Some will not but most will.
SD Realtor
ParticipantYeah that 2 out of 5 years exclusion is nice. Even if you pass that exclusion though, if you have cap losses you are carrying forward from perhaps stocks or something, if you sell the home as a purely income property you can line that gain up against those losses. Don’t forget to recap your depreciation though. On the other hand keeping that home for the long run is a sweet idea if you can tolerate that. Assume renters will treat it poorly. Some will not but most will.
SD Realtor
ParticipantYeah that 2 out of 5 years exclusion is nice. Even if you pass that exclusion though, if you have cap losses you are carrying forward from perhaps stocks or something, if you sell the home as a purely income property you can line that gain up against those losses. Don’t forget to recap your depreciation though. On the other hand keeping that home for the long run is a sweet idea if you can tolerate that. Assume renters will treat it poorly. Some will not but most will.
SD Realtor
ParticipantYeah that 2 out of 5 years exclusion is nice. Even if you pass that exclusion though, if you have cap losses you are carrying forward from perhaps stocks or something, if you sell the home as a purely income property you can line that gain up against those losses. Don’t forget to recap your depreciation though. On the other hand keeping that home for the long run is a sweet idea if you can tolerate that. Assume renters will treat it poorly. Some will not but most will.
SD Realtor
ParticipantYeah that 2 out of 5 years exclusion is nice. Even if you pass that exclusion though, if you have cap losses you are carrying forward from perhaps stocks or something, if you sell the home as a purely income property you can line that gain up against those losses. Don’t forget to recap your depreciation though. On the other hand keeping that home for the long run is a sweet idea if you can tolerate that. Assume renters will treat it poorly. Some will not but most will.
SD Realtor
ParticipantRus and Eugene you may be correct but I have always given notice as a tenant regtardless of the lease or rental agreement. Like the previous poster I went to small claims court and lost on this issue. However it was about 25 years ago and I was not into real estate and did not know the exact law. However the landlord deducted an extra 14 days of prorated rent out of my deposit and won when we were in court. As a mom and pop landlord myself I let it slide because I have good tenants and they have all let me know ahead of time for the most part via email which I would presume is an admissable notice.
SD Realtor
ParticipantRus and Eugene you may be correct but I have always given notice as a tenant regtardless of the lease or rental agreement. Like the previous poster I went to small claims court and lost on this issue. However it was about 25 years ago and I was not into real estate and did not know the exact law. However the landlord deducted an extra 14 days of prorated rent out of my deposit and won when we were in court. As a mom and pop landlord myself I let it slide because I have good tenants and they have all let me know ahead of time for the most part via email which I would presume is an admissable notice.
SD Realtor
ParticipantRus and Eugene you may be correct but I have always given notice as a tenant regtardless of the lease or rental agreement. Like the previous poster I went to small claims court and lost on this issue. However it was about 25 years ago and I was not into real estate and did not know the exact law. However the landlord deducted an extra 14 days of prorated rent out of my deposit and won when we were in court. As a mom and pop landlord myself I let it slide because I have good tenants and they have all let me know ahead of time for the most part via email which I would presume is an admissable notice.
SD Realtor
ParticipantRus and Eugene you may be correct but I have always given notice as a tenant regtardless of the lease or rental agreement. Like the previous poster I went to small claims court and lost on this issue. However it was about 25 years ago and I was not into real estate and did not know the exact law. However the landlord deducted an extra 14 days of prorated rent out of my deposit and won when we were in court. As a mom and pop landlord myself I let it slide because I have good tenants and they have all let me know ahead of time for the most part via email which I would presume is an admissable notice.
SD Realtor
ParticipantRus and Eugene you may be correct but I have always given notice as a tenant regtardless of the lease or rental agreement. Like the previous poster I went to small claims court and lost on this issue. However it was about 25 years ago and I was not into real estate and did not know the exact law. However the landlord deducted an extra 14 days of prorated rent out of my deposit and won when we were in court. As a mom and pop landlord myself I let it slide because I have good tenants and they have all let me know ahead of time for the most part via email which I would presume is an admissable notice.
SD Realtor
ParticipantNo I definitely do not trust myself. If I pass on a stock pick, do the opposite and you will be wealthy for life! heheheh…
-
AuthorPosts
