Another idea for housing economy if you have an office is to rig your office to live in but not sleep in. 

Quote from @Kornelius Friske: We have a STR located in peoria AZ. it's 6 beds (garage conversion) and about 3900 sq ft in total. our energy bill last month was $450 and has been hovering in the $350-$450 range since we went live in august.

My sister and I have done all the leg work in finding where the 2 individuals lived at. 

That doesn't surprise me about NJ, knowing what I do as a person who's lived in the tri-state area for 25+ years, especially since becoming a father and coming to truly appreciate what NJ has to offer offer.

I'm from Newburyport and lived in Seaport for a while.

Quote from @Jimmy Rojas: I live in Arizona and homes here are sky high, youd be lucky to get %6 interest rate, I would be a 1st time home buyer, apart from being 1099 employed would Trumps real estate plans benefit the little guys like me? 

The first year was challenging meaning had a tenant but not saving, it was just making my living expenses cheaper.

.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.

Is the basement legally considered living space?

When I tried to get it when my side of the family found out and tried tp take over reverse mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.