You'll net around $150k and that will be tax free.

• Short term rental of one's own primary residence only• Not able to rent a room or primary residence for more than 120 days a year, or apply for extended home-sharing• Extended home-sharing would be granted if additional criteria are met (see above)• Possession of a Transient Occupancy (Tax) Registration Certificate from Office of Finance• Not located in a unit subject to the Rent Stabilization Ordinance (RSO)• Approval from landlord (if a tenant)• Home-Sharing takes place in area approved for residential useHere is the document - https://planning.lacity.org/or...I would give them a call and see what they say.

The Pro-Rata rule applies if your Traditional IRA contains both pre-tax and after-tax contributions.

For CA investors the proximity to Nevada, landlord friendly, low property taxes and easy to get to Reno from the Bay Area make it a good spot.

A solid appreciation market, strong tech and manufacturing growth, landlord friendly and low property taxes.

How do we demonstrate (for taxes) the rental of our home?  

Are there important considerations for having a manager managed LLC (as the only manager) vs a single member LLC specific to 1) real estate buying and holding,  2) for tax filing (E.g., as a disregarded entity) or 3) for how you represent your LLC (e.g., what title you can use to sign off) if you have a manager managed LLC as the only manager vs having a single member LLC?

I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental.

2.Also, are there any tax advantages if I keep current LLC and just remove the members? 

All investors I am new individual in this market and would like to learn real estate investment.offset my W2 taxes