Your home can be a house, apartment, condominium, stock-cooperative, or mobile home fixed to land.If you meet all the requirements for the exclusion, you can take the $250,000/$500,000 exclusion any number of times.

I am using one of those 1% listing services for a $215k condominium (pricing it very low to sell, great condition, just want liquidity) and am wondering do I really need to give the buyers agent 3% at this competitive of a price on a straight forward condominium? 

I've read that real estate development is growing in the Philippines, especially in condominiums.  

"You cannot deduct special assessments you pay to a condominium management corporation for improvements.

This includes apartments, condominiums, and single family homes.

This type of project is completely new to me and I'm just trying to get a handle on what my out of pocket capital needs will be before embarking on a high end Condominium Development project.

The homeowner's association language restricts rentals and reads:No more than twelve percent {12%) or seven (7) of the Condominium Units may be leased orrented to non-owner occupants at any given time.

Likewise, transforming the main house into {4} apartments or condominiums would necessitate a similar or greater sacrifice to meed modern fire codes and to insulate and install separate HVAC for each.  

That is how sure I am that it does not cost $30,000 to install an electrical pole.How about my post "How does a condominium owner make money?"...

The code reads:"Real estate broker" means any person or business entity, including, but not limited to, a partnership, association, corporation or limited liability company, who, for compensation or valuable consideration (i) sells or offers for sale, buys or offers to buy, or negotiates the purchase or sale or exchange of real estate, including units or interest in condominiums, cooperative interest as defined in § 55-426, or time-shares in a time-share program even though they may be deemed to be securities, or (ii) leases or offers to lease, or rents or offers for rent, any real estate or the improvements thereon for others.