It's very possible that whatever change might happen won't be in affect until 2026 also.It's also worth noting that any depreciation taken for the property for rental purposes doesn't become part of the Sec. 121 exclusion should you choose to take that in a future year.

Hey BiggerPockets Fam,I've been doing Co-Living now exclusively since 2017, and the numbers speak for themselves.

5 Reasons Co-Living is King for Real Estate InvestorsHey BiggerPockets Fam,I've been doing Co-Living now exclusively since 2017, and the numbers speak for themselves.

Does renting the home while deployed void the eligibility for exclusion of gain, even when the home was lived in/primary residence for 2 of the last 7?  

The reality is that you will not find that in the seller finance space, and even if you do, there will be virtually no discount. 

Now, if you've already set up LLCs per property, then yes, have at least 1 checking account per LLC.For people who own their properties personally, keep personal accounts that are exclusive to RE activities so all of that activity stays separate from other personal transactions.

This defers capital gains and depreciation recapture taxes on the sale of your fourplex.After converting it into your primary residence, you may qualify for the primary residence capital gains exclusion ($250K single/$500K married), but only for appreciation after the conversion; gains from the rental period remain taxable.

I will say that even though you get the boost from VRBO and AirBNB, the first year of operation is usually lean as you build up the rep.Offering a discount on the stay is a way to be more attractive but don't go crazy.

They said they would but wanted the park's balance to be discounted.

Are there issues that you think you should avoid regardless of potential for discount?