Technically there are 7 ways, but for our purposes, we want to pass one of these three: 1. spend 500 hours materially participating in the rental activities 2.

You've got a technical problem that involves several things.

I had technically 21 offers for my Miami place, I say less because I use the cash offers as real offers.

And usually the architect technically has a license on that material, I believe. 

So, it's technically been one full year as of last month.

The rule technically is "2 out of the last 5 years," so in theory you could live in it for 2 years, rent it out for another 2.5 years, and then when you sell you would still be covered under this same exception.I am very passionate about real estate and would be happy to answer any other questions you might have.

Currently, there's still very few MF syndication that could accept 1031 exchange to their syndication, thru TIC mechanism.The problem from the technical side is only timing, you just need to time it correctly for that 6 months window to close.

We did it for two years before moving into the main house.The best part is you can still do refinances since it is technically owner occupied.

The first house i bought is now my rental instead of the one i inherited which i was renting out for the last 4 years.Long term Goals are to acquire more properties over time, currently my short term goal is to upgrade to a nicer house to live in.My realtor swears up and down not to sell it and to refinance the one im in, as well as my lender, but 259k in interest going from it being paid off in 4 years to 1600 a month for another 30 years is a hard pill to swallow, even though technically the tenants would be paying it off but at the same time i lose allot of profit.

If the tenant gave notice on February 15th, then the lease ends 30 calendar days after that.You can technically hold the tenant liable for rent, utilities, and other terms for the full 30 days.