In the event you underestimate the section 1245 assets, an audit would simply result in an positive adjustment for the tax liabillity.

Lastly, if the home has appreciated at all, taking advantage of Section 121 and taking capital gain exclusions is just another strong point towards selling within the 5 years if you've lived there for at least 2 years. 

But if you lived in the property for 2 of the last 5 years, you should be good to do the section 121 exclusion - but realize that is $250,000 per tax payer.  

There are also more recent examples with advanced statistics showing this has been a great move in other markets.I grew up in the Sacramento area, and they recently moved the Kings' stadium to what was once a rundown downtown section.

You can go to the events section here in BP and see what unofficial events are happening.

The model also has a section for monthly “actuals”, which when filled out (even zero) they will override any calculations.

Nice house, but it sits on a corner lot and lacks an ideal backyard.

FMR for Section 8 is $1396 in my area for the BR count, I’ve already contacted the housing authority and have my units listed on the section 8 board.

Always keep in mind the value of your hard-earned contracts, and don’t let a buyer push you into a corner.

HelloOne of my tenant (Section 8) in MF has been lived 3yrs now and she complains a lot when there is some minor issue.