If it has 10 months or less you can exclude it.

Without knowing more numbers, especially the financing details, there is no way to do the calculations you want.What I can calculate easily is your rent to cost ratio, excluding closing costs: $755K for $5K rent = 0.66%. 

On Jan. 1, 2013, Jack moves out of the home and sells it for $700,000 on Jan. 1, 2014, and thus has a gain of $320,000 ($700,000 − $380,000).Under pre-Act law, Jack would have had $20,000 of gain attributable to depreciation deductions included in income (taxed at 25% as “unrecaptured section 1250 gain”), and would have excluded $250,000 of his gain (because he had two full years of ownership).

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

I have 2 rental properties and the 27k was excluding my reserves.

@Graeham Ford-FelizIf you are selling a rental property, you want to have a discussion what your options are to either exclude or defer the gain.Otherwise, if you don't exclude/defer the gain, you may be hit with federal and state income taxes.Regarding your situation, you mention having real estate and a business so you want to work with a CPA who specializes in real estate taxation and business taxation.

No income in 2020 excludes you from conventional or non QM or investor bank statement loan.

If you have 3 years of payment history and can provide documentation to show the most recent 12 payments were made by the co-borrower then you should be able exclude it even with a refi in the last 12 months. 

. $500k - additional boot I understand that A is tax-deferred and B is tax-excluded.

I like to buy fixers and stay in them for the time period required to exclude capital gains, which is 24 months out of 5 years for civilians and 2 out of 10 years for military.