That is not an issue.the question is how to coordinate the two sales and one purchase. if it’s too complicated, may just pay the capital gain tax.Quote from @Bill B.: You lost all hope at step 1.

This is what I've been getting and we're sitting on huge gains because we're buying right so we're enjoying huge capital gains in a record time with high short-term rental income to boot.Because LTRs aren't very profitable there, you won't get a high return if you have to put down 30%.

Since I am new to real estate investing I was wondering if I would pay capital gains taxes when this property sells? 

We have ~400k in gains after improvements. 

Is there in wiggle room in the 2 in 5 years in order to meet the $500k capital gains exemption? 

I know that moving back into the house for two years will help us avoid the capital gains on the first $500K.   

It’s gaining more attention from market watchers and is considered more comprehensive data.

I am in the Alternative Investment space and help investors transition from active real estate to passive using trapped equity so it is driving me crazy to be sitting on a huge amount of trapped equity. 

My wife and I are remodeling a 1940s bungalow-style home in St Petersburg, and after several months of interior work, we need design help and drawings of the front exterior for our contractor to gain permits from the city and move forward with the project.The original front entrance of the home was covered with an addition built by previous owners, and we'd like to boost curb appeal and value by adding a driveway, front steps, a new door with sidelights, and an overhang jutting out from the gable with columns. 

I’ve been quoted $5k to have a cpa tax attorney (firm) crunch wife and my numbers to determine possible cap gains on sale of rental.