You simply disclose your license to the Buyer and then use the correct documents and verbiage, you're fine. 

I am not a tax professional trying to sell you my services I am simply providing my perspective. 

If I am reading correctly, they are simply supplying the money for the partnership. 

When the numbers were tallied, he had actually lost about $10,000–$20,000 per property.Here’s the kicker: Had he simply bought the properties for $80,000, left them vacant for seven years, and only paid taxes and insurance (about $1,500 per year per property), his all-in cost would’ve been around $90,500.

Over the years, however, we’ve found that we end up coming down to Orlando quite a lot, especially in the last couple of years, and we end up staying in vacation rentals (Reunion, Championsgate, Storey Lake typically).I would love to simply pull equity from the current property but given that it’s a long term rental and we are Canadians, from what we understand it’s not an option for us.we love reunion but I feel that would probably not be the best for ROI.  

Quote from @Bryan Christopher: Quote from @Russell Brazil: I'd simply ignore them. 

Simply gifting him half the property now wouldn’t immediately allow him to claim the exclusion without fulfilling this residency requirement, I don't believe.One thought would be to use a HELOC to pull just enough equity out of the current home and use it to buy a smaller home, or at least the down payment.

There's literally no advertising in the post at all, it's simply a news update on changes to UW guidelines...

It's simply a gross-revenue-to-price ratio.)I'm thinking of a few recent STR clients.

Even with some people I believe are honest, I simply believe most do not properly analyze and manage risk, as is evident with nearly every syndication doing capital calls right now because they didnt properly plan for rising rates.Dave Van Horn however, along with his company PPR one of the few people I trust in the real estate space.