if yes you can avoid paying taxes on up to 250k of your gain or 500k if married filing joint.

MISCELLANEOUS: Seller agrees to allow Buyer to potentially utilize partnerships, joint ventures, the multiple listingservice, and/or novate this agreement with no change to the price or terms of this transaction.

I changed the ownership to joint tenancy with my husband in 2019.

My tax status is married and joint filing.Thanks in advance.

Looking forward to joint venture with others when opportunities come along.

Have you considered partnering or Joint Venturing (JV) on deals with others?

Case in point: James Beard Award-winning chef Rodney Scott is opening his newest BBQ joint right on the downtown strip.

It's mentally and physically exhausting but it doesn't tear up your joints. 

Hey @Fadela Zaoui - if its a court ordered sale... unlikely sellers would entertain seller financing, but the answer's always no unless you ask :) I recommend working with your broker to figure out what the sellers really want - sounds like one of the sellers wants to cash out so they may not be the person that wants to do seller financing BUT the other seller may be open to it.You could also potentially look at a joint venture option where you just buy out the seller that wishes to sell her portion, and partner up with the other equity holder who now gets to retain their piece of the pie. 

Section 121 allows a taxpayer to exclude $250,000 of gain($500,000 if married filing) joint on the sale of a personal residence that was lived in for 2 out of the last 5 years.