That's the only way you're going to shelter capital gains because as described the property does not qualify as your primary residence. 

You'll be converting your condo from a residence to a business, and that can be a big shift in perspective for some.

I can take out a cash out refi on my own residence and retire one or both.

You must screen every adult intending to reside in the property and all must pass screening independently.

We currently have 2 properties in SC and the non-resident taxes are definitely cutting into our ROI.

My husband and I just purchased a single-family to use as passive income in March 2018 by using money from a HELOC from our primary residence.

Would I open an LLC in the state I am investing in or the state in which I reside?

I currently own my primary residence (condo) and one rental property (condo), and I am looking for a multifamily property as my next purchase.

I figured this would be a good time to ask what everyone else does to make showings go well as smell welcoming to perspective residents.

Instead of having to file interest income yearly, (next year I may be a non-resident alien, may not be going back to USA), would like pay and to report all gains and interests for tax year 2017.