You don't avoid paying the gain on the sale over the basis.I agree with Steve as to giving advice, you really shouldn't go there at all, especially since it appears you have little tax knowledge, no offense, but there is no exemption.

, congratulate those who are sharing their recent successes (always best to learn from other people's successes, instead of others failures) and if you can do that while adding just a touch of non-offensive humor (ie, when talking about "the 2% rule" or other "rule", Rule number 1 is always "Do NOT talk about fight club.") people will respect you and look forward to your posts.Don't forget....Rule number 1 is we do not talk about fight club!

An appraiser is a higher life form but they may not be in the higher income bracket, (no offense Realtors).

If not, the bank could look at you as a security breach and since you are probably crossing state lines that could be a Federal Offense. 

(no offense REA folks) Investors are often 'harmed' by the actions of an appraiser.

To that regard, if the receiver does not believe the property can support the debt service, the mortgagee will not be paid.So while the clause reads offensively, it is really not as easy to enforce.

lol And I didn't mean any offense by "sound like a banker!"

Tomorrow I want to submit offers on both of them but after crunching some basic numbers, I'm concerned that my offer will be somewhat offensive to the agent.

Both of these are also towable offenses.

It's like they say...the best defense is a good offense.