Are you trying to determine if you should increase an offer on a house you're considering acquiring?

If we form an LLP, can we use her “name” as a buyer for future purchases when we acquire the limit of houses under my name personally?

When I sell 2027, Should I pay capital gain tax for entire 500,000 or pay partial capital gain tax (500,000 - 200,000= 300,000) for only when the home is being used rental (2022 Feb - 2027) Your primary residence will qualify for $250k ($500k if Married) gain exclusion if all following requirements are met: You owned a home and used it as your main home during at least 2 of the last 5 years before the date of the sale.You did not claim any exclusion during the last 2 years.You did not acquire the house with a Like-Kind exchange during the last five years.

I have plenty of friends that are realtors, but I am trying to hold on to as much of the funds as I can to be able to dump them into the Taproom/Pizzeria Project (I have already acquired this new property and am ready to build out).

Awesome story of your grandfather's grit to acquire this multi-generational wealth for you all.Honestly, commercial loans are scary. 

I have an opportunity to acquire a 4/2 house with a second lot that has 4 tenant owned trailer lots for $200 each (which could be raised).

Given your goal for cash flow to supplement self-employment income, I'm guessing acquiring more doors? 

I will really appreciate some replies to this post as I am trying to acquire my first two properties and need this paperwork to get started. 

@Heidi M.This is a non-tax related thing to consider as you lose 10%-15% in value when you sell a home and acquire another home.What is missing in the current home that you are looking to get a new home?

What upgrades brings a higher appraisal (I know there are other factors like comps).This is for a BRRRR property that's rented but recently acquired and still had halogen bulbs and brass fixtures, just to give an example.