As applied to 1031 exchanges, the most relevant exceptions that allow you to disregard FIRPTA include:You (the Buyer) are going to be using the property as your principal residence, and the fair market value is less than $300,000The Seller provides you with a Certificate of Non-Foreign Status (meaning that FIRPTA does not apply)If the foreign Seller obtains a FIRPTA Withholding Certificate by filing Form 8288-B.It is important to note that the foreign Seller cannot submit the Form 8288-B until there is a valid real estate contract.

Investment Info:Single-family residence buy & hold investment in Crescent.

@Nestor Hernandez be very careful as there are many OOS crooks trying to sell investors crappy properties with fake numbers!

Selling it as a primary residence is different then selling it after being a rental for 5 years. 

I house hacked for years till we purchased our primary residence 2 years ago.

My wife and I own a "second home" in Reno Nevada which we purchased with 10% down and were planning to purchase another one, but our lender told us that we can't get another loan for a second home within ~100 mile radius of an area where we already own a second home/primary residence.

Be very, very careful.  

Tenant shall be obligated for the costs of such repairs, replacements, and related services if the need for such repairs, replacements, and related services results from the negligence or misuse by Tenant, other residents of the Property, or Tenant’s Landlords, servants, employees, invitees, or family members.

Appraisers (and the resident "bureaucrat" on BP) are welcome to have a different opinion.

Investment Info:Single-family residence buy & hold investment.