@Clayton Mobley, are you implying that if you own a duplex and live in each half for two years of the last five you can then sell it without paying any capital gains on either side?

Montana has seen significant appreciation in recent years, so capital growth could offset the lower COC in the short term.2.

Lets just say that $50K has been carrying in losses from this particular property, this means (according to my CPA) that I can only offset $50K from the capital gain of the sale of this one property.

You might lose more than the taxes if you’re in the 15% capital gains bracket. 

If you're goals are not putting up the 25% capital, focus your energy and priorities on what your goals and priorities are. 

This allows for a wide variety of ways to achieve the goal thru all aspects of real estate; investing in assets that have great capital gains potential but may not cash flow (options, land, redevelopment, gentrification, etc. ) utilizing “fee income” to build my estate (syndication, brokerage, partials, participations), and “creating” high yielding notes, and “creating” wealth through creative real estate buying, selling and exchanging. 

Access to quick capital allows you to take advantage of cost-saving opportunities, like bulk purchases, without stalling your project.

The minimal need for renovation and favorable market conditions in the Jasper, GA area made this an attractive opportunity to capitalize on.

Could you expand it, renovate it, or capitalize on a growing neighborhood?

Big Lots has filed for Chapter 11 bankruptcy and agreed to a $620 million sale to Nexus Capital Management.