For example, if I were to stop renting out a portion of the home, and live in the entire home for the year before sale, would that allow the entirety of the profits to fall under the 250k tax free limit?

Question: If we purchase a new primary residence and convert current primary into rental, then would we (married couple filing jointly), be able to sell BOTH homes capital gains tax free on up to $500,000 profit each? 

Please feel free to ping me if you have any questions along the way! 

The IUL simply acts like a Roth IRA when we look at tax deferred growth and tax free income.

Feel free to reach out if you have any questions.

There are less stress free ways to make $400/month.

If you have more in-depth questions or anything else to add to this then feel free to DM me!

You could always do another 1031 or do a cash out refi tax free.

But it will help you understand if you like this kind of investing and enjoy the underwriting and stuff.Feel free to DM and I'd be happy to share some more opinions and experiences

I've written a lot on the forums about all the reasons house hacking is the best strategy for beginner investors--feel free to take a look at those posts.I'd suggest starting with a more beginner-friendly strategy, get your experience from that, and THEN (if you want), try the more difficult strategies like OOS REI.