If what I wrote is not clear to you or if some of my assumptions are wrong, then stop your DIY attempt and hire a tax professional.I am in the same boat but I see it the other way around; I should use Form 8949 vs 4797 for almost this exact scenario: owned home almost 2 years, then rented 14 months, then sold.I moved after not quite 2 years due to military orders and qualify for a partial exclusion.I received 1099-S which p523 states "You received a Form 1099-S.

If you do not own a primary home its easier because you can claim any 2-4 unit as primary and only have to put down 3.5% for FHA, 5% for Fannie Mae or No money down 100% of you are a Military Veteran.Live in the home for 12 months refinance pull some cash out and move on to the next property to buy.

Two years ago, the military PCS moved me to Washington, DC, and it has opened my eyes so much about the potential in the rental market.

Hello Everyone,I am Collin Reichelt and I am a military officer with over 20 years of  service in the U.S.

Many military families that move to Moore County NC (Pinehurst, Whispering Pines, Carthage, Cameron) rent a place for a year to see what it's like, and find out more about what area they really want to buy in....maybe move somewhere and rent 1-12 months to get a feel for if you want to buy/live there.Find a good real estate agent in whatever area you decide to buy in. 

Ensure 90% of tenants meet preferred criteria.Target Audience:Ideal tenants are clean, responsible, and sociable single professionals, students (with co-signers), and military personnel.

It depends on your “ideal tenant” and strategy once you PCS.Would you be looking to rent to single officers going through training, military families with children, medical corps personnel TDY to Ft Sam Houston for several months, maybe even an AirBnB near Lackland, etc.?

Knowing your market/demand drivers it going to be key, especially if you are looking to MTR (traveling nurses, military, students, etc). 

My wife and I will be moving to Germany on military orders.

I just separated from the military currently living in Nothern Virginia  and I have been looking at out of state investing and I would love to get your input on that and also how would you go about finding leads when you do not live in that particular state I’m particularly looking at N.C around the Fort.