I found a child support lien on him which I believe can be placed on non exempt property.  

In United States, if the house is the owner's primary residence for at least 2 out of last 5 years, owner may be qualified to have tax exemption for first $250,000 gain (if owned by couple, $500,000)Accountants can confirm these details.

Yet another exemption exists in some states if you limit it just to investors in that state, so you may want to look for state specific exemptions.

Account Closed your post implies that you are selling your personal residence every two years to take advantage of the tax free (exemption of up to 250k single or 500k married) gains from sale.The two year rule is based on the IRS set time period for selling your personal residence without getting taxed on the gain.

Now, some states provide exemptions from classes based on other education, requirements will vary.I did not take any of the CCIM courses, my degrees were beyond the curriculum of the RE courses, it would have only given me letters for my business cards and a lapel pen. listing, selling or managing commercial properties was never a primary concern.When licensees consider going into a niche, like commercial, I'd suggest you look at the market first and see what the potential might be.

When a tax-exempt entity like an IRA engages in a trade or business on a regular or repeated basis, and is therefore competing with tax-paying businesses, a tax known as UBIT applies to level the playing field for those tax-paying businesses.  

That is also if the seller lives in the property, OO, such deals are usually exempt from new lending regulations.

I was familiar with the "2 out of 5 year" exemption but not this 2009 exception.I hope that some of you can reconfirm that my belief is correct - that this Exception does not apply to my situation because if it did, then that would be a bad surprise.From the article: "However, a special rule enacted in 2009 limits the $250,000/$500,000 exclusion for homeowners who initially use their home for purposes other than their principal residence, such as a rental or vacation home.

This way, you don't pay taxes when you transfer into your personal name and you can also take advantage of the personal residence tax exemption if you stay there two years before you sell.

The contract exemptions and requirement to use their contractors are what they make their money on.