Introducing a new tenant will necessitate an amendment to the existing lease, and you should conduct a thorough screening as you would for any new prospect.

Hello everyone-We have a Single Family we are renting out in a very rural part of upstate NY.We had a septic main line go out and had to have a contractor repair it in between snow storms in 8 degree weather.This repair necessitated part of the driveway being dug up .

If you're trying to find a manager at less than 10% (for fewer than 30 units), that could necessitate additional management overhead, as you've probably hired a smaller firm that won't be as well staffed and responsive as the larger property management companies.

The challenge is that my work really necessitates that I live very close to the office so I am a bit limited in location options if I were to live in my first home purchase...there aren't many duplexes that I know of in the area I'd be looking (north of herndon near 99).

As you know, this becomes part of the interrogatories and evidence and of course would necessitate notifying SS of our little disagreement here.

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

It also has expensive transactions which necessitates long hold times (and helps prevent panic selling but leaves the equity relatively inaccessible).

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.