Thats the great thing about BP Nation.So Dave to make sure I'm understanding a possible solution - quiet title can be done so JS owns lot 1 - "A LLC" owns lot 2 and we are no longer TIC thus dividing up our ownership interests cleanly.Then my builder could take title to lot 1 owned by JS....I identify Lot 1 and the proposed building to be built on it as one of my exchange properties.I take the construction loan in the name of "A LLC" and take draws paying Builder Bob to build the duplex - he can use the draws to pay JS off for the land - he finishes the duplex in 4 mos - then I get perm financing and through the qualified intermediary A LLC takes title to the finished newly constructed duplex?

Both the House and Senate tax reform proposals would change the holding period requirement for the Section 121 capital gain exclusion on the sale  of a primary residence from 2 out of the past 5 years to 5 out of the past 8 years. 

For example, suppose I had an appraisal conducted with a proposed floor plan of a building I'm renovating after a fire with no offices built (not a shell but just a finished, open floor plan) and the cap rate in that appraisal was 9.0%.

These are the going rents:4bedroom- $1,1004bedroom $1,1003bedroom $9002bedroom$800Projected Total gross rents $3,900 x 12= $46,800MY PROPOSED DEAL STRUCTURE...I need to deed!  

First thing to do is google "City XYorZ Airbnb Regulations" and check into the legislation.

Alicia, this is not enough information to give you accurate answer, but what you propose might be considered prohibited transaction because of the involvement of "disqualified person". 

That group really keeps people up to date on landlord law and also upcoming legislation that may affect landlords. 

These are the going rents:4bedroom- $1,1004bedroom $1,1003bedroom $9002bedroom$800Projected Total gross rents $3,900 x 12= $46,800MY PROPOSED DEAL STRUCTURE...I need to deed!

With the current tax proposals, if you purchased a property with a large loan the interest may not all be deductible however renting is one of the worst things you can do from a tax perspective.Given the information you have posted and past experience I suspect that your best bet would be to structure a 1031 exchange on your property with the greatest appreciation, exchange it for a property that you want to live in, and move in after a period of time. 

Yes, it is the simplest to propose, but the worst in terms of potential problems.