I didn't know how soon that would be until my life changed over the summer, but no one wants to hear that. 

had an eye for the market early on, but sadly didn't know how to find capital (still my bottleneck to going as fast as I want).

They just introduced downhill biking to change the tourism from 5 months to 8 months.

I want to say it'll be good for 120 days (would have to double check), which if you assume a 30 day mortgage process means you need to be ready to refi in 90 days, or you'd have to spend a few hundred bucks on a 442 (FNMA form #s evidently don't change much over time) to confirm it hasn't dropped in value due to changing market conditions in the interim. 

Unless it has changed only the capital gains portion is eligible. 

This led to fast sales on the back end, and allowed for slight market downturn, just in case (I prefer to be conservative).

Full disclosure I am a broker, but that doesn't change anything, and I don't work in Temple. 

Technically it doesn't really change the game much.

My broker and my wife think it's much better to rehab and sell it than rehab and rent, in part because it has a pool.So now we are in the process of buying a house, to remodel and hopefully sell fast enough, and that's when I started wondering about taxes, liability and what not.

He's been in the house for a year now, what's changed?