Provided the newly build home will be used for investment purpose and the new property is equal to or greater in value than the property being sold minus allowable expenses, valid exchange.   

24 would have avoided the tax altogether.Your assumption is only valid if you had a qualified reason to sell it, such as job change or family change.

Home warranties are getting pricier and not sure if it is still good to have or not?

Rather, this term sheet is intended as an outline and does not purport to summarize all of the terms, conditions, representations, warranties, and other provisions to be mutually agreed upon and contained in definitive loan documentation.

You can move the LLC with a quitclaim or warranty deed, but it may trigger the "due on sales" clause of your mortgage.

Account Closed You are confusing things.Yes, a Special Warranty Deed means the Seller is only guaranteeing/agreeing to defend, title issues while they owned it. 

Sounds like the 52 days before the start of the new assignment is reasonable then, from what I am reading @ Robert.What I want to happen - validate that the timeline provided makes sense. 

I ask because I doubt 5% down won't happen on an investment property.Closing costs are 1.5% should be at least double.If the expenses are all validated then its great steal, but to good to be true. 

Better product, better warranties and better trained reps.

@Jay Hinrichs Simply because it's not a problem for you or 90% of others does not mean it's not a valid problem.