@Shiloh Lundahl - if she isn't currently living in the property, yes, she could move back into the property and live there for 24 out of 60 months to qualify for the 121 primary exclusion.

A property you purchase specifically as a investment to be used exclusively and totally as a rental property is business use and must have rental property insurance coverage (landlord).One is a Home the other is a Income Investment Property.

Would you say then that the REI would go ahead and sign a lease option agreement, which is contingent upon finding a tenant buyer within the next 30-60 days, and the seller can continue to market their house in the meantime Iwith the REI as an exclusion if the house is listed)?

(By the way, there are great investment properties on the "left coast" because 50% of all adults are renters paying off our mortgages.)

"Thanks, that was the only downside that I could also see in this situtation and being an adult mother and daughter their track record has been very good so far.

Are you focused exclusively in any particular area of Tennessee, by chance?

I would love to tell everyone possible about the deals we have exclusive to our company, but have no clue as to where to start my network.

., the exclusive marketing arm of Century Properties Group now considered as the leader in Philippine Real Estate Marketing, Management and Development.

An exclusion of 1 million dollars in today's inflated society is not as significant as it was 50 years ago.

But I strongly recommend purchasing and holding onto this stock until at least 2009 when the exclusive rights with AT&T to the iphone has expired.