Quote from @Mostafa Khalifa: So i have a single member LLC set up in WY.

Single family rental in manatee county Florida.

Purchase price: $66,000 Cash invested: $30,000 Sale price: $160,000 Two-story single-family home with 4 bedrooms, 2 bathrooms.

You've gotten some great feedback from other tax pros but I'll confirm - Single Member LLC doesn't work.

My grandfather, along with his twin brother, were home builders who transitioned into building and managing a significant multi-family portfolio, which remains family managed to this day.With my personal family background, as an agent I have largely engaged in the multifamily space working with legacy owners in the sale of their properties - from 6 unit, single building properties to 19+ unit, multi-building properties.

Single family and duplex. 

I have a property in South NH that is listed for reasonable price as a single family.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $615,000

Cash invested: $630,000

Sale price: $1,500,000

New Construction

Recently one of my clients purchased a $120k single family house and is currently renting it out for $1550/mo.

If it has always been your primary, and you sell right away - full exclusion (up to the limit of $250k single or $500k couple)2.