Investment Info:

Other other investment.

Purchase price: $50,000

Cash invested: $700

Sale price: $99,685

Vacant lot that we flipped for a profit after the first year of ownership.

How...

In Georgia, there is a 1 year redemption period, followed by several months to obtain a free and clear title. 

It sounds like we will need to live in the property for a period of time so we do not need to put 20% down, how long would we need to live in the property? 

@Susan O. and @Wayne Brooks, You actually can defer all of the cap gains for the period it was an investment property before you did the 1031. 

@Kyle Scelza, full disclosure I self-mange, but had PMs for a period of time.  

I just sold two SFR rentals up there due to the current market conditions.Something to keep in mind is that there are hold period expectations with most deals that are syndicated thus that 5-7 year clock is always coming up for someone out there.

We decided to have just her name on the loan but put both of ours on the title, this allowed me to go off and potentially get another house without waiting the year (technically 10 months with 60 day move in period) for owner occupied loans.

I just closed on January 21st.I received a water, sewer, trash bill for the period of December 30th - January 28th.Should I pay the whole bill or ask for it to be prorated for the 8 days I have been the owner?

The 400 day period should satisfy any occupancy requirements. 

Disclaimer: I'm not necessarily encouraging these routes, just saying they are options presented by the contract...Waiving the appraisal, waiving or shortening the inspection/"option" period, waiving financing contingencies, offering a seller's leaseback, buyer paying for title, offering a stronger earnest money, asking for fewer or even no repairs, and many more.Again, each state is particular, and some markets have trending "offer structures", so make sure to connect with an agent/lender in your local market to get a better read on the state of things and what you are capable of.