The 2018 Tax law discourages itemization by providing a bigger exemption and capping mortgage interest and SALT deductions.

You could indeed convert it into your primary residence and either live there for the two years and then move out and rent again, or sell and take the prorated 121 exemption.2.

I got a message from 21st this morning that said I need to explain to SCDOR that these homes were purchased as inventory and should be exempt from sales tax. 

When you sell that property you can get the primary residence exemption for your portion since it is your primary residence, you own it, and you have lived in it for 2 out of the 5 years prior to sale.

@Caleb Heimsoth I'm still within the capital gains exemption of have lived in the property for 2 of the past 5 years. 

You have to consider number of factors before doing this, the property would have to be appraised and would be added to your income for the year in which you make the distribution, likely pushing your tax bracket up.If you simply wish to get into self-directed investing you may want to consider truly self-directed Solo 401k, it has number of advantages over SD IRA such as contributions limits 10X higher, no need for a custodian, checkbook control, exempt from UBIT on leveraged real estate and more.

You can not take possession of property for 20 days after auction date.Property owner gets 180 day redemption period unless it's a homestead exemption /ag exemption property then it's 2 years.If property is redeemed they have to pay you auction price plus 25%.

Property when inherited appraised at $ 1 millionImprovements $ 100kMarket value now $1.7Single exemption capital gain $250kCapital gain: $$350kProperty that will be acquired $600k (swap) +$1.1 million cash 

As we know , if under the new TOPA law, i will be exempt from TOPA.

An exemption is offered for the first $50k of Florida source net taxable which helps a lot of small businesses.