If long-term, rebuilding the home could offer substantial future gains, but keep the high construction costs and California’s permitting process in mind.Mariposa homeThis emotional project has potential as a vacation rental due to its location.

My question is, do I qualify as having lived in the house for this time, to get around the 2 out of 5 years capital gains tax rule?

Instant equity gains after the build is complete, easy to manage, high demands. 

First, how does everyone handle the capital gains on a rehab project?

And could start making a small amount of cashflow and start gaining appreciation with an LTR.Or do we continue to save up and get a better property in a good location with the amenities we would like to offer with an STR?

It starts out that they're very attentive of the animal, but then a year or two later I'm stepping in dog **** on my own lawn because they got bored with the animal and don't care for it anymore.

I turned y attention to the Pacific and selected inland cities like Merida and Guadalajara.

However if your beneficiaries are your the priority  I would still recommend focusing more of your attention and resources on buying great real estate and being a great operator.

Hello everyone,I sold my investment property last year and realized a capital gain.

Since you've lived in the apartment since 2007, you likely won’t be hit with any capital gains taxes as long as your profit is under the IRS exclusion limit ($250k for single filers or $500k for married couples).