Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

Request a clear explanation of the current situation and their plan moving forward.

[Sale Price - (Original Purchase Price + Improvements) = Gain] In order to benefit from the $250k exemption, must be primary residence, lived in 2 out of the last 5 years, can use this once every 2 years.Looks like there's no capital gains Tax in Washington.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

I can't recall all the reasons I rejected it but one HUGE primary flaw that is so fundamental it made me question everything else about their software - there is no concept of a portfolio.  

Traditional lenders in this industry won't fund you on a purchase of a SFH that has leases for rooms and the building will need to be in your LLC name which means a primary bank won't lend you either cause of that and cause of your employment status.You have a real chance to start. 

I've bought over 700 SFR/Small-Multi properties for less than 70% ARV over the last 35 years, across up, down, and sideways market cycles--including 11 of them in the last 3 years even though that isn't my primary strategy anymore. 

The building is in the $6,000,000 +/- value range and I have a primary mortgage of $650,000 +/-.

If you are buying a primary, you can do 3-5% out of pocket if you buy existing.

(to keep things simple)Property was primary residence for Person A from original purchase until 01/2020.