i was gifted a house... im looking to sell the house now and want to avoid capital gains tax.... can i gift the profit from the sale of the house to a family member and avoid capital gains tax?

What do you think of 100K gain in a year?

BUT...the knowledge I gained was PRICELESS!

If you have losses there are complex calculations sometimes to see if you qualify to take passive losses. 

I'm not sure what you're gaining if you were to keep her, other than additional drama/headache for the same exact amount of money.And if she feels so strongly that she is offering to break lease so you can keep the deposit, is that a tenant you really want to force locked in your lease?

However, Can anyone tell me if I turn my old Primary residence into a rental, do I lose the ability to sell my home "without" paying capital gains from where I purchased it 12 years ago?

I ask this because I keep hearing about the "investor friendly" but I would think even they have something to gain.

I learned from Scott Carson - if your looking to just know more about them and be passive investor then there are numerous books out there including those by Scott, Martin Saenz Dave Van Horn and others.

What the average consumer is completely oblivious to is that after 2 yrs of homesteading a property, they generally don't have to pay capital gains tax on their net at closing in home appreciation, from what they bought the property for and what they sell it for in FL.

There's a lot of gray here.If it's capital gains - then you report each sale separately.