What if you lived in a property as a primary residence for 2 years, and rented it for 4 years, then moved back into it for 2 years before selling it? Does it still qualify for the capital gains tax exclusion or will o...

Though there will be many factor that underwriting (and any good mortgage banker) will look at - when was the property bought, was it bought as primary and then switched to investment, how long as it been an investment, how far is it from the new property, it is nice then the new property that you want to buy, etc.The point been that the new purchase needs to pass the smell test.

The problem is the land was purchased prior to January 1, 2018, so it is not a qualifying asset for the asset tests under the OZ rules.

@Ibrahim Alanqar, the first thing that springs to my mind is: how will you find suitable deal/s for flipping, when you'd always be competing with cashed-up Investors/Flippers in the first place, who don't have to wait the length of time you would need to in order to close (and who therefore can get discounts easier than you, even though you'd need those same discounts), and who don't have to worry that the home may not pass the "habitable" test. 

It helps to keep in mind the exclusivity test when you make purchases. 

Then I would stress test it with what-if scenarios. 

This is exactly why I am writing this software which will allow us to test various market scenarios using monte carlo simulations for both a real estate portfolio and stocks in the same scenario.

Ladies and gents,I am currently grinding out the required hours of education with the somewhat overly optimistic goal of being at least ready to test by the end of my college semester so I can dedicate all of my time to being an agent.

@Christy Miller, as for her 2017 bmw haven't you ever test driven a vehicle?

One good test is take the monthly rent total for all units, multiply by 12.