Sec 121 cap gains exclusion after 24 months, then invest however you like!

We started off with condos but now do almost exclusively multi families.

think about it...Unless I am missing something, if you try to use the sec121 exclusion and live in them for 2 years, I believe the exclusion amount will be pro-rated against the time it was a rental. 

I started out building my own portfolio and recently started a company managing projects exclusively for investors.

You may be thinking of if you plan to sell then you have to live in it two of the last 5 years to get an exclusion on capitol gains tax. 

Plus, off-market properties tend to have a level of privacy and exclusivity that some folks find really appealing.

. - I will not be living on this property- Duplex's s price is $90k in a C neighborhoodI already have Umbrella coverage of $5 mil (obviously this is not exclusively for this OH property).

@Remone RandolphI think the point folks are try to get across is that the terms of the contract which govern the EMD and method of financing are mutually exclusive.

One way to do that is to give your guests exclusive use of all the common areas, including the full bathroom at specific times of the day.

Option 1: sell the house now and put it in cash currently 4.8% while waiting for an opportunity to buy in Washington StateOption 2: keep the Houston home and rent it out for another 5 years The section 121 exclusion is starting to expire so soon I'll be paying the 15%+ tax on equity gains if I keep the home.