As long as you're filing jointly, both meeting the 2 yr use test, and either meeting the ownership test, then the full $500k can be claimed. 

Another aspect would be financing terms.

Flipping, renting, or sitting tight for long-term appreciation-there is potential for anyone willing to do the work.

I recently purchased a Short Term rental property and plan to self manage the property.

@Jordan Meltzer congrats on the mid term biz and your success. 

Hi Anthony, what's your biggest priority - cashflow or long-term appreciation? 

I am extremely familiar with the area, I know that it can rent long term, and it is perfect for my family's current needs.

North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.

I do generally agree with the sentiment of Austin and the other hosts that fundamentals will always win out in the long run, and this by nature is a long term industry, even the sales side I'm learning.  

Congratulations on building such an impressive portfolio at such a young age and achieving so many successes!