If you owned the house for 2 out of the last 5 years and lived in it in 2 of the last 5 years, and your profit did not exceed 250K (if single) or 500K (if married filing jointly), you will not pay capital gain tax.  

What's going on BP community,Weird question so I'm looking at a single family house that also has a tennis court along with it.

I want to buy some land, build 2 single family homes on it and then sell the homes.  

That will allow you to build up a network of contractors and suppliers that will enable to to address problems faster and more cost effectively.I would also recommend buying a home warranty program if you are planning to hold the property and make upgrades over time. 

Will be providing them an opportunity of about 150k RFQ/PO for a client of mine in the next couple of weeks, I asked for ground drop on all materials and single day delivery without fee they said it wouldn't be an issue.

Pretty much have 2.5 full time people.Not sure about Twombly but I think the premise is that it can be hard to get out of multi-family and I agree, they are not as liquid which is why I refocused on single family 5 years ago. 

Closing deals can take months, years, or never. 50% of the agents last year in the country didn't close a single transaction.9)How will my hand tattoo (fully covered hand) affect me while looking to tie my license to a brokerage?

Right now as a start-up we are focused on and interested in "Subject-To" sales as well as Single-Family Homes. 

Some other good eats: Philly Time (in briarcliff shopping center)http://places.singleplatform.com/philly-time-2/men...Long boards http://longboardswrapsandbowls.com/Gates BBQhttps://gatesbbq.com/Buca di beppo http://www.bucadibeppo.com/Blue Linehttp://thebluelinekc.com/Are you looking to acquire TK small multi family or single family? 

In one breathe you do not want to be a sponsor or managing member but in another you are not wanting to be a passive investor in a larger syndicate.It sounds like you do not want to to work for the yield a sponsor gets but want more return than a passive investor gets as standard investing in a syndicate.Sounds like you are looking more for a joint venture arrangement.Brian Burke is out that way and a member on here and he does large multifamily syndicates.