Families are exempt since they will be related.

@Ingrid PinillaYou pay capital gains whenever you sell any property for a gain.If it's your primary residence, and you lived in it for 2 of the last 5 years, you can claim an exemption of $250,000 in gains for single people, $500,000 for married people.If you hold the property for long term rental, and it's not a primary residence, then you pay capital gains.If you hold a property for a flip, you pay taxes as normal income based on your tax bracket and subject to self-employment taxes.There are ways to minimize taxes, but you can't avoid them. you would need to speak to a CPA to discuss how to minimize the tax impact for any of the above situations since everyone's situation is slightly different depending on a range of factors.

Florida is also very individual friendly as to homestead exemptions for bankruptcy purposes. 

However, the saving grace is that a couple of years ago, Philadelphia implemented an exemption on a floor amount of gross receipt.Ultimately there could be no tax, but it is work to get there on the City reporting side.Dont know if you noted, but the gentleman who posted this lives a good hour to the east of Philly, so if he self manages, hes not just going to spend tolls, but gas too, and while $5 isnt a lot of money to pay once, multiple trips add up, especially in c ombination witih gas, which just went up 23 cents a gallon in NJ on November 1.

Click this link to access  Fannie Mae Selling Guide  Page 292 of the document ant page 309 of the PDF discusses allowable exemptions due to the type of transfer. 

If you live in that home on site then that can be carved out as your primary residence and the proceeds allocated to that can be tax free to the limits of your primary residence exemption.2.

A beneficial owner is a person who enjoys the benefits of ownership even though the title to some form of property is in another name.A court can subpoena the name, address, DOB, driver's license/passport or ITIN or Social security number thus exposing your asset protection plan.Twenty three types of entities are exempt from the beneficial ownership information reporting requirements. 

- there are those pesky 'profits' that you paid taxes on.If I worked for the IRS, I'd say: you had 100k in profits, and you were actively involved - some of that should have been paid to you as salary so I could sink my teeth into it.The fact that you chose to re-invest your 100k in profits gives you 100k in 'investment' that you may withdraw later tax-free, but does not exempt you from FICA this year from your 'profit generating activity' in your S-Corp.

In my state, I read that owners are exempt from state procurement laws.

Unless it is a receptionist or secretary who is just answering phones and not discussing RE with the prospects then those administrators are not required to be licensed.If you own multifamily units and hired a manger who lives on that site, she/he are exempt from being licensed and can collect rents and lease those units.