There are ways to get an exemption certificate but you should realize that 10% of the sale price of any house you sell will be held in escrow by the buyer until (if) you get your waiver.

There are conditions to get an exemption from this tax and you would need to consult a CPA for information on whether you would be able to get an exemption.

@Jheanell R Broward County is not exempt. 

Retirees: most retirement plans are exempt from garnishment. 

I would like to know if, once I purchased a home sub2 with a trust, I would be able to apply and use my Military Star exemption for the taxes.

@Jordan Redar   no limit to how many you can buy,, however each state interprets the dodd frank in their own unique style.. and its the sellers responsibility to adhere to it not the buyer.1 to 4 units under federal law is relegated to the dodd frank.. under many state laws if they are non owner occ  then they are exempt.. some states they are not and when seller financing them you must have an LO put the paper work together for the seller.

Also, you need to be aware that the income coming from the financed portion of the property will be considered Unrelated Debt-Financed Income (UDFI) and will be subject to UBIT (unrelated business income tax).The alternative might be using self-directed Solo 401k Plan which is exempt from UBIT on leveraged real estate.

If so, you are exempt from the VA funding fee which will save you a ton of money acquiring the loan.

Your in a great position to buy an investment property and since it would be the only property you own for now, you can get a homestead exemption on your taxes.

Hello everyone,Looking to learn a little bit more about 1031 exchanges and and 1034..First off, can both of these tax exemption strategies be utilized in tandem?