Also, not sure if HML being for non-owner-occupied RE for commercial purposes a RE Broker would be exempt from this additional MLO endorsement qualification, even if over 8 loans/yr and even if you charge above 10% rate with origination points, but I wouldn't want to assume that.

If you made non-exempt contributions to your IRA in the past, those can be converted tax free.

Each year there’s a gift exemption of 14k per year.

As an LLC, we would lose our homestead exemption for property taxes.

I mentioned in my previous post it was built as a 2 unit building originally in the 60s and not a SFH. wonering if that would change anything, or maybe get a R1 exemption?

The current bill proposes removing tax exemption from Private Activity Bonds, which are how a good chunk of LIHTC and all bond financed low income housing is funded.

There is a very limited partial exemption available if your occupancy was cut short due to military service, a job change or health issue. 

He may be exempt if it is for some unforeseen reason, like a job change, health, divorce etc.

You'd get a hybrid of benefits of primary residence for 1/4 of the property and the other 3/4ths of the property you can depreciate, and write off expenses as if you're running a business so it provides a tax shelter for your business related activities while simultaneously still providing you that tax free primary residence exemption (IRC 121) on 1/4th of the sqft of your home so 1/4th of 250k single or 500k married means you can get 1/4th of that tax free of the gain potentially.

You'll need to speak with a CPA.There is a capital gain exemption if you lived in the property 2 of the last 5 years ($250,000 single, $500,000 married).