I feel like I’ve stumbled into the secret garden, or an amusement park for adults who buy, sell and trade real estate, services, knowledge and so much more.

6 unrelated adults in a 2k sq foot 4 bedroom  1.5 🛀 🏡.

We will at that time claim gift taxes for the difference between market and the actual sale values, minus the annual gift tax exclusion.

I work for an investment brokerage, and we exclusively work with investors who are searching for properties to fix and flip/buy and rent out.Send me a message if you ever have any questions or are looking for property in North DFW.

John has some good suggestions, rent it out or airbnb it - but keep that capital gains exclusion in mind 

I would gladly "option" a building to a tenant that needed work, while I would be fair if there was a problem for you at the end of 12 months there are others that might not be so forgiving... its a contract after all, your an adult and you should understand the risks before you put your money and effort into the deal.

You qualify for the exclusion now (residing in it 2 of the last 5 years), But you will get a prorata share of the exclusion either way.

The main items are a Exclusive Right to Represent Buyer Agreement as a Non-Designated Firm (3% BA fee for 12 month contract, & who’s licensed in VT), and the PM structure above. 

This means there would be a total of 5 kids, 2 adults, and 2 pets in a 1000 square foot home. 

I work exclusively with investors in the Nashville market.