If that is the case, then mortgage interest on a note is passive and not subject to UBIT.UBIT applies when a tax-exempt entity engages in a trade or business on a regular or repeated basis.Passive income not subject to UBIT includes royalties, dividends, interest, rent from real property and gains on the sale of an asset that has been held to produce such passive income.Trade or business subject to UBIT generally consists of services or buy/sell transactions. 

In Texas this is 6 months if there was no homestead exemption or 2 years if there was a homestead.

@Steeve Breton under a 506(b) exemption the syndicator must have an established pre-existing relationship with all of the investors.

If I want to take advantage of the capital gains tax exemption (must live there 2 out of the last 5 years), must I sell it by July 2018, or will I have until the end of 2018 to sell it?

@William Washington do not even present a particular deal to your potential investors until after you consult legal counsel as to the proper business structure & exemption that fits your needs.

While leveraged real estate would result in UBIT in an IRA, the 401k is exempt from this tax if it owns financed real estate.If you need any further clarification please feel free to contact me directly - would be happy to help! 

I'll agree with @Ashish Acharya here: if you're wanting to sell the property primarily as a way to get some tax-free cash, then yes, sell within three years after moving and you qualify for the $250k(single)/$500k(married) Sec 121 exemption.

If I recall correctly (although I can't find that citation), that exemption also applies to officers of a corporation.

Exemption from realized gain on QOF investment held at least 10 years Gain on subsequent appreciation is eligible for permanent exclusion if QOF investment is held at least 10 yearsUnlike retirement, you don’t have  I wait until Forever. 

Is it possible to obtain a policy that will rachet down once we complete the work, or provide a short term exemption if we escrow the funds to replace the panels immediately?