I ask because understanding the tax treatment of your gain will help you devise a strategy to use those funds.

 ( Like the ones setting up a card table out front to sell there posessions for drugs and food.)  

Will this be eligible for tax free treatment as a primary residence after 2 years?

In all cases, I now want to hold onto a property for at least 13 months (and possibly longer if the aforementioned criteria continue to be satisfied), so as to obtain favorable long-term capital gains treatment on my investments.By comparison, homes in my area (Boise, ID) don't have the same economic investment appeal as homes in other areas (I currently focus on FL and IN).  

It could be something wrong like drug activity, new company air pollution and etc. 

Selling drugs? 

My childhood friends include murderers, prostitutes, drug dealers, and theives. 

Do a drive during the day to see what they look like in daylight, and do a driveby at 8pm on a Friday night - because that's when the drug parties are in full flow.

Because of a bed bug issue (all tenants left, whole building needed heat treatment, I was pretty heated myself...)- And many more...I am not necessarily richer than before I invested in RE but I'd say my life is somewhat richer...I am never bored.Please send me a message if like me, your parents are source of inspiration and if your love for real estate does not get tarnished by your "love" for bed bugs and dealing with ignorant lenders...

But as for tax treatment you might try Don McCartney Arlington who has done RE deals himself for like 30 years, and he is also a CPA for about 25yrs.