In the second unit that was a STR but now is owner occupied to meet the IRS requirements etc..On a Separate note, do you know if a duplex where owner lives in one unit is exempt from rent control in LA?

For the purposes of this section, it is immaterial that the person to whom such payment or compensation is given made the referral or performed the service from within this state or elsewhere; however, a licensed broker of this state may pay a referral fee or share a real estate brokerage commission with a broker licensed or registered under the laws of a foreign state so long as the foreign broker does not violate any law of this state.any person engaging in Real Estate services for compensation of any type must be licensed unless they hold a specific exemption. 

I have a client looking to build a 3 separate 3 unit homes SFR/ADU/JADU in a coastal area of SD, and I just spent several hours reading the codes...the 2025 OO exemption provision doesn't extend to JADUs... 

Is it better to buy a primary house with 5% down and stay for 2 years after which I can rent out (hoping rents increase by then) if not I can sell it and be and be exempt from taxes on capital gains.2.

The previous owner had an "over 65" exemption.

If you Dad owned continuously since 1982, there is an exemption for perk testing tract more than 10 acres in the same ownership for that long. 

I understand I get the capital gains exemption for the side I lived in (i.e. 1/2 of the building's appreciation), but am becoming more inclined to just miss out on that and hold on to the first one I bought. 

It’s crucial to note, though, that this extension pertains to filing only and does not grant an extension for making tax payments.Don’t Delay Your PaymentsWhile the extension offers relief on the filing front, it’s essential to understand that it does not exempt taxpayers from making their payments.

These are two very different and separate loans (completely independent of each other, I think it is safe to say), with entirely different parties and collateral.The unit owner's mortgage, originated prior to 2017, with a current balance of $800,000, I would think, should be totally exempt from the $750,000 limit. 

It typically takes the IRS up to 90 days to process requests for refunds or exemptions using Form 8288-B.Buyers, closing agents, and Qualified Intermediaries such as Accruit are required to comply with FIRPTA withholdings.