If she sells the property before that date, she would not qualify for the full exclusion unless she meets certain exceptions such as unforeseen circumstances like job loss, health issues, or other qualifying reasons outlined in IRS Publication 523.Regarding prorating the exclusion, unfortunately, there's no provision in the tax code for prorating the exclusion based on partial years of ownership or residence.

If you are looking to capitalize on the market, and DTI is not an issue, price reductions are a better alternative, since you can always refinance into a lower interest rate.  

This is the best place for all things real estate related.

Separately, there may be issues if the executor resides in a different state from the decedent depending on state laws.

The biggest issue was having far below market rents when I purchased.

I also like that these newer homes attract quality tenants, I may be lucky but haven't had any issues with any of my tenants in these types of homes (yet).How did you find this deal and how did you negotiate it?

It could serve to settle the issue without going to court. 2.

EDEN would like to pay me the previous 4 months' rent but I have to fix issues all the little issues in the house, such as fixing hole on the wall, changing the battery for the smoke detector....). 

Otherwise, you might end up spending more in attorney fees trying to fight this issue.

Hello everyone,We are new to private lending and am planning to help a relative finance their home purchase in Texas.