Is there a rule of thumb for useful points to exit or tap equity?

So I satisfy the “2 out of 5 years” rule that allows the home sales profit from capital gains tax exclusion.I was wondering what documents do I need to submit when filing taxes for 2018.My tax person says that no documents need to be submitted to prove that, and me just claiming It is enough.Looking for second opinion.Thanks,Animesh

You can google NJ reciprocity rules and see if your license allows you just to test into those states

multiple partners In one deal and the partners don't know each other is running up on a securities offering or deal you may want to tread lightly there.do what @Brie Schmidt  does compartmentalize them one investor one deal.. no pooling pooling of investors into one deal is a BAD idea unless you have a PPM structure and adhere to the securities rules.. you take on a ton of risk doing that. and way to much for just little vanilla rentals.

@Samantha Reeves I not an attorney but you don't own or control the pool, nor are your responsible for the maintenance or rules on the pool.

From what I have researched the new tax rules for high income W2 earners (especially in high tax states such as CA) makes tax deduction on primary residence less relevant.I do not have much experience in RE investing so want to double check with other investors/locals if it makes more sense to buy for primary residence or investment?

I've heard about that FHA rule as well, but I haven't been able to confirm it yet.

Buy something for cheap with cash, make sure rents will make the 2% rule (or whatever #'s your looking for), and over budget for the rehab just to be safe. 

It might qualify under a change of employment rule.

Terrible idea, market is saturated and the rules are constantly changing up here.