And the time it was your primary residence (tax free up to the $500K exclusion).   

Many older people have equity trapped in their homes or have low mortgage rates that make selling and moving difficult.I think it’s wonderful that older adults have the option to share their homes.

I have a 3 or 4 bedroom that I would like to rent/lease to an Adult Group Home or Residential Assisted Living .

However, it adds complexity with more paperwork and potential self-employment taxes on all the income.Doing it as an individual is simpler, with everything going on your personal tax return, and you might benefit from the home sale exclusion if you end up living in the property for a few years.

The mom recently told me that her adult son is moving to the United States from Dubai and will be looking for a job here.

We're dealing with a potential character change of the income or exclusion all-together. 

LauraWe have listed two properties as mid-term rentals in the LA area for 3-4 years now, exclusively through FurnishedFinder. 

And if it’s exclusive to realtors?

With passionate co-founders, a vibrant community, and hands-on experience navigating the highs and lows of investing, they have built an incredible foundation and embody everything we envision for PassivePockets.By combining LFI’s expertise with BiggerPockets’ reach and resources, we’re creating something truly special—a platform that will empower you to make smarter, more informed investment decisions.Here’s what PassivePockets will offer when it launches:Educational Resources: Masterclasses, articles, podcasts, and a weekly newsletter—all designed to help LPs make better decisions.Due Diligence Tools: Rigorous vetting frameworks and community-sourced sponsor ratings and reviews.Investor-Only Spaces: Private forums and weekly Zooms, exclusive to investors—no sponsors or capital raisers allowed.Sponsor Directories: Detailed profiles with track records, investor reviews, strategies, and more.Deal Directories: Comprehensive deal profiles, webinars, and direct sponsor connections in dedicated forums.Ratings & Reviews: Honest feedback from members who have invested with sponsors—the good, the bad, and everything in between.Our mission is clear: Shine a light on the passive investing space and provide you with the tools and knowledge to navigate it more confidently.

Give Aurea "Betty" Larralde a call at Exclusive Home Realty (813) 843 7766.