For those curious, if this applies to them, just follow these general principals: To qualify for the Section 121 exclusion you must: Must live in the home in the past 2 of the 5 years 24 months non consecutive required Must have owned the home for at least 2 years Only one spouse needs to meet the ownership testBoth spouses need to meet the use test Neither spouse has excluded a gain / used section 121 in the past two years Must file jointly for the 500k exclusion

Good luck. to take this further into the tulles U can still pull up old deed restrictions that are of record that tell you who you can and cannot sell property to..

First, we have had some issues jointly owning the property with family and would like to separate business from family.

You can also see if you can joint venture in a LLC with a private lender

i iknow of a couple investors who are members of those sites. i thought about it, but didn't when they couldn't tell me how many leads came in per month on avg.i like being in control of my own marketing and once u have it going consistently the phone will ring. the other leads are icing on the cake

Look at the latest U-Haul migration report.

They might offer better terms or be more flexible in such situations.Partnerships and Investors:Bring in Investors: Your friend might find investors interested in contributing capital in exchange for equity in the property.Form Partnerships: Consider forming a joint venture with a developer or another property owner who can provide the necessary capital for rebuilding.Similar Experiences and AdviceCase Studies: Researching similar cases can provide insight into how others have handled such situations.

U charge the buyer a fee then ? 

What Kate describes is basic Due diligence one oh one before U close. and if Kate is relying on her mentor or their VAs to do her due diligence I can tell you that is not the way to go about it..

@Carolyn McBride greetings ma'am, I do believe HELOC is a mortgage product therefore, u should get a statement from the bank.