I reviewed the IRS publication 523 for additional guidance but it's not clear to me (non-tax fellow) if I am exempted from capital gains. 

Hi everyone I am a newbie house hack and I am getting all the numbers together to see if we can make this current house work for us.We bought this house overpriced two years ago when we moved from AZ. during the height of COVID.

Hello BP,I am in a quandary and would appreciate some input from the group.

Actually I am the co-owner of Flipsystem with my son Antoine Martel.

Take this 💥just-closed renovated property for example💥:With my query of "22757 Charlemont Pl, Woodland Hills, CA 91364 5/4/2400-3050,0.6,300" we get an ARV Estimate that is ~4% off, and I picked this at random just scrolling through recently closed in my areaAnd the Market Stats $/sf of renovated property in that Zip Code matches up pretty well, so I know the ARV estimate is realistic:You can also run Agent Stats to find/get in touch with the real top-agents in that area so you can triple-verify everything and/or list it with them when you are done.With the above, I am able to quickly vet every new deal that comes my way and spend more time on the good ones.

Hello BP, I am new to biggerpockets and have been researching RE for about 6 months.

I am pre-approved by only one lender for my first property. 

I am getting ready to purchase my first rental property, and am going through the process of what I want my leases to look like.

I am currently living with family, I was wanting to use my first time home buyer to purchase a multi-family for my first home and stay in a unit while renting the others to start gaining some passive income.

However I am by no means a tax expert.