Your personal exemption will change based upon how many people you claim on your tax return (you, husband and kids). 

They gave her title insurance but with an exemption on "heirs" Buyer still took it because they were paying cash.

@Michael Dorr, Again, you've stumbled onto a brilliant application that actually will allow you to take advantage of tax free and tax deferred income and reduce debt at the same time if you wish - or to continue to leverage.If you hold long enough that you qualify for the 121 exemption (having lived in it for 2 out of the previous 5 years) then you would most certainly qualify for a 1031 exchange on the other portion.What you exchange and what is tax free is simply following the allocation your accountant sets up when putting the rental half into service. 

Transfers to/from LLCs are not exempt and the clerk would look to the assessed value of the property to calculate the Fee, which is actually a tax.

We have always operated under the belief that "because we (the company) own the properties that we manage, then we are exempt from requiring a broker's license". 

When I preform a 1031 like-kind exchange I know I will be able to use the section 121 capital gain exemption on the sale of my principal residence on half of the sales price up to $250,000 of gain.

This calculation also assumes that personal exemption and itemized/standard deduction weren't used to further decrease the income.It appears the gain will be a lot lower resulting in a lower tax. 

I would like to become a broker in Washington, D.C. and believe that I am subject to an exemption from licensure requirements under section 47-2853.181. 

She is also a military spouse, and we are both domiciled in FL so we are exempt from CA income taxes under Military Spouse Residency Relief Act (and as documented in CA FTB 1032). 

State: MIMy husband and I mortgaged a house in Oct intending to live there. The house we currently live in, is mortgaged and homesteaded in my name only. The new house needs work and now that we've looked more closely...