The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd househack, you can use conventional and the rules that I mentioned above will not be a concern.

If they owned the property jointly she should get a step up in basis for his half of the ownership. or if he owned it outright and she inherited it, I believe she would get a full step up.

I gained the 100% interest through rights of survivorship from two other joint tenants who have now passed.

That should have been worked out and put into the Joint Venture agreement you both signed.

Depending on the jurisdiction and management of the case by the judge, you could be legally liable under multiple joint and several liability theories.

     - CAPITAL "KARMA":    Getting into a deal means OPM, knee-jerk thought is "the banks" OPM.

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.