Difficulty waiting until the end of the year before selling investment/primary home

[Christopher Eduardo]

Our current home was an investment property that we live in as our primary home. We have until October this year to meet the 2 year exemption. At the same time, I am currently in BK Chapter 13 repayment plan until November this year. We are doing everything we can to hold off until then but with the increase in taxes, insurance, and debt; it's really getting difficult to be able to wait it out. Each month, we are draining our reserves and we have about a little over 3 months left of reserve money. 

Do you guys have any other ideas on how to get through this without having to sell now specially when its only a few months away to end of year? Really hate to give up a good amount of the proceeds to taxes and worst yet, have to pay off the BK debt in full with only a few months left before completion. At the same time, we don't want to get into financial trouble.

Current property is in the nicer part of the city where there's lots of growth. Value of the house is 1.3 to 1.5 mil. We are all in the house at 850k. Custom home built in 2022 with 2.24 acres of land. 

[Christopher Eduardo]

Quote from @Theresa Harris:

Why not talk to your bank first and see what they can do with the payments?  Can you (or someone else in your house) find a part time job to bring in extra income?  I'm guessing you've already looked at your expenses and cut all of the extras.

 Yeah, we have done everything we can already to try to make it work but we just don't want to get too close to being at risk since we only have about 3 months left of reserve. So just starting to look for a backup plan now before its too late...