I am really inspired by people who a take something that 95% of other investors would pass on and make it work exclusively for them through sheer will and creativity even with bad market conditions.

Future gains on the investment portion may be deferred with another 1031 exchange, while gains on the primary residence may qualify for the $250k/$500k exclusion if residency requirements are met.This post does not create a CPA-Client relationship.

You could also offer to cover part of their tax liability through negotiation or encourage them to convert the property into their primary residence to use the IRS exclusion for up to $250K/$500K in gains.

I'll send my off market or wholesale deals to non-exclusive buyers but only after my VIP list of buyers/investors have had a first look and decided to pass.

The sales pitch was that inner circle members get access to exclusive deals like hard money loans, 1% ownership opportunities in various investments / funds, and joint ventures as well as regular educational trainings.

Someone in this thread mentioned the 121 exclusion.

Every year 70-79% of adults set goals, with only 36% pursuing them past January and a depressing 6.5% past June.

I now live in Indianapolis and work exclusively with OOS investors, particularly those investors looking to acquire cash flowing small multi-family and/or short term rentals.

It allows tenants to increase their credit scores by an average of 60 points, and I provide it free of charge.I have over 600 adult tenants.

Living in the property for two years likely allowed you to claim the capital gains exclusion... up to $250K for singles or $500K if married.