I know if it was my primary residence (which it is not), I can get the $250K exemption - Tax Free! 

We knew that no other market would allow us to rebuild faster than southern California.Low unemploymentBroad based economy, rather than depending on one sectorHighly educated workforceHigh demand for propertiesHuge variety of properties to invest in Perfect year round weather Several universities and medical centersAmusement parks, zoos, professional sports teams, and so much more! 

The medical center UT is building will also be bringing a ton more jobs if people weren't flocking to Central Texas already.  

This is the Somerset, Condo association off Hilandale Dr. and Dekalb Medical in Lithonia, GA.

I'm finding more and more flippers and wholesalers who are pretty cavalier about remediated properties because we now have laws that have specific tolerances for trace amounts and disclosure requirements.My concern is that unlike LBP and asbestos which have not been used for decades and are still the subject of law suits and other RE problems, meth, even in trace amounts, is airborne.So my question is, does anyone know of any long-term multi-generational medical studies that justify these legal tolerances?  

I need some advice or a point in the right direction;I'm seeking private money secured by a 1st trust deedLooking for approximately $300,000 to $400,000 (60% - 75%) House is already renovated, Southern California 91748Pictures: http://s940.photobucket.com/user/REAL-Solutionz/li... 30 Month or so Term Interest Only 6% - 8% No Pre Pay 2pts max The hang up is the title is held by my title holding trust and I am living in it to take advantage of the IRS section 121 (250K cap gains exemption). 

Goofed up somewhere else and need money asap. e.g. divorce, medical bill, etc.3. 

To elaborate a little on Steve's point, you are eligible for capital gains tax exemption of (10/24) of the maximum since it is your primary residence.

It's currently zoned as Ag-exempt and taxes are $5K.

It is class B+, the existing tenants are very stable and medically oriented.