Sri,Are you a General Contractor/Builder or are you simply looking for financing to build a 2-4 unit?

I was simply reaching out to people in a thread and introducing myself and now I'm banned....can you please help?

Simply gifting him half the property now wouldn’t immediately allow him to claim the exclusion without fulfilling this residency requirement, I don't believe.One thought would be to use a HELOC to pull just enough equity out of the current home and use it to buy a smaller home, or at least the down payment.

Finding a good tax professional familiar with real estate investments is simply a good investment.

., to be honest, if you can't simply explain it in a post, you have already lost a vast majority of investors.  

So an identical neighborhood (income, crime, school quality, etc.) can cost you as much as a $100k less on the South side simply because your neighbors are brown or black as opposed to white.this right here is the gem advice.  

Considering that, you are likely going to see appreciation year over year, which essentially will be additional equity you'd capture just by simply living in the home. 

If you want to develop it, I can refer you a lender that will lend on a completed subject to appraisal but you'll be limited if you just want it for the lot.If you simply want the land as part of your property, you have more options including a HELOC which you can still use for development down the road. 

I've seen other people in the forum who simply use independent savings accounts but it is not clear to me if that is legal.

If the eviction goes to court, then there is a record of that eviction on their file and it will make it harder for them to find another place to live (assuming the landlord does a background check).Not renewing the lease happens when either party decides they simply don't want to renew the lease.