(Other than the fact you have to reinvest all cash received obviously.)You also know that a personal residence can’t be 1031’d unless it was also a rental before sale, so the $250k exclusion wouldn’t apply unless it was both a primary and a rental.

To add to what others have said, a W9 (which is for contract workers like cleaners and handymen who are NOT your direct employees) gives you the vendor's EIN or SSN and their mailing address. 

Also, if I plan to apply that equity to the new home in a form of down payment, am I still taxed?

Our next step to proceed in this direction would be to hire a civil engineer to do surveying and site map and that engineer would also see if the creek in the back of the property affects build-ability.  

I applied for a cash out refinance on my mortgage and was told I could not because the property is a duplex which I claim homestead.

I can’t message directly because I’m not Pro on BP, but I’m selling through Christie Perkins of Coldwell Banker, who is the most knowledgeable person I know about the Tallahassee rental market and real estate in general in this city.

Alright, this is my first time ever posting on a forum of any kind but I figured its a stepping stone in the right direction.

FMR is determined by HUD to each MSA (metro area) according to size and amenities, all PHAs receive FMR directives as well as Section 8 administrators as Sec 8 is separate from PHA activities.

Why shouldn't the same principle apply here?

This put it into light for me so much highly appreciate this getting more and more familiar with the previews everyday understating it and putting it into action I have been talking to agents and also looking at properties and doing the numbers nd applying for loans.