I am considering renting it out for a small period of time, then selling.What are the rules for doing this.If I lived in it for 2 years, of the past 5 before the sale takes place, do I still qualify for the exclusion?

We are deducting an additional $265.18 from your security deposit to cover the damages to the door."

We look at it like a potential buyer, not an investor who sometimes banks on the property selling toward the range of the higher comps.We don't "send you how to books and tapes" We have a trained staff to help you work on your business- a deal desk that you can call to review any property you have under contract, a compliance team to review risk factors, construction project managers that will vet your contractor bids - in addition to the resources that help you learn THIS SPECIFIC way of evaluating deals- finding the types of properties that do qualify for low or no cash to close.

If so, it seems I would need additional business insurance  My  personal umbrella may not cover a business. * If I receive a city violation and want to contest it, can I attend the hearing or do I need to hire a lawyer? 

Exemption from realized gain on QOF investment held at least 10 years Gain on subsequent appreciation is eligible for permanent exclusion if QOF investment is held at least 10 yearsUnlike retirement, you don’t have  I wait until Forever. 

I am planning on building a ADU in my backyard and I was wondering if I should just hire a general contractor and pay lot extra or do my own project management  by hiring individual contractors/sub-constractors to do the job.Like - Arhictecture and permit person, plumber for all my pluming including addition sewage and water lines , foundation and framing contractor.

In many cases buyers want to do their own updates, so they won't give you anything additional for the "upgrades". 

@John West  It's sketchy that you would have to call the additional $25k "commission" if it's really being used for the down payment. 

Thanks for the tag, @Steve McGovern, but I can't help with this as it is both a residential (not commercial loan) situation, plus any additional funds would be in 2nd position behind the bank providing the original 203k loan.

I am in the middle of a purchase for a two family property, definite add value with the addition of one bedroom to both units.