Thats one of he benefits to syndicating and working woh other investors- easier to qualify for loans with multiple guarantors.

Or do a refinance when you get back and use the refinance proceeds to purchase a new primary so you can get the benefit of the full 121 exemption.

Adjustments can then be made for slight variations like 3 bedroom vs 4 bedroom...As a side note, there are some buyer search parameter considerations.

Plus, it would be to your benefit.

(If not - then it's a major mess, best left for professionals to untangle.)Under this scenario, here is how you should have handled the sale:From the sale proceeds, reimburse each other for your respective contributions to the closing costs.Whatever is left - split 50/50.For taxes, each of you will report half of the sales proceeds, adjusted for the combined closing costs.If you can go back and do it this way - your economic parity will be intact, and so will be your tax reporting.

I would talk with Tim Swierczek he is a loan officer on the forums here, but I would look at using your VA benefit.

In those cases or other specified large rent increases that cause displacement, landlords would have to pay relocation benefits, with increased benefits for the disabled, seniors and those living with minors.The measure would also create a nine-member rent stabilization board to determine annual adjustments, hear petitions for individual rent increases and pursue remedies in court.

I see what you are saying and appreciate your passion for getting a license but it just doesn't benefit me and my goals as much as it would others.

Yes, I am adjusting the rents to what I see as more reasonable and will re-evaluate the repair costs. 

I ended up locking 5 years and years 6 thru 10 adjust with prime.