@Michael PlaksI understand that the amount of gain eligible for the §121 capital gain exclusion is reduced in proportion to the total period of non-qualified use divided by the total period of ownership.The point I am trying to make is that the total ownership period begins on the actual purchase date and ends on the day before the settlement date of the sale.   

But here the bank gives better loan to value( up to 90%).There are many other things that are quite Europe or even belgium specific, which i am not fully uncovered yet. like, perfessional investor status can reduce the registration tax from 10% to 4% . buy it as a company can have a better property tax benefit. etc. 

When you buy from the tax repository the assessed value is supposed to be reduced to the purchase price.

Every dollar I make in rent above the PITI is put towards reducing principle so I have them scheduled to be paid off somewhere between 8 and 11 years after purchase.Without a doubt, these are the best properties in my portfolio. 

Ironically I have visited web sites where licensed CPA's explicitly contradict each other over such a basic question as to weather you can use passive loss carry overs to reduce ordinary income.

A good professional property manager will help reduce risk. 

Refinance the property, taking into account the equity from the build, and pay the seller in fullThe property owner wants to have the payments spread out over 2 or even 3 calendar years to reduce their reportable income exposure.

They informed me that they will only sign it if I reduce the rent (keep in mind that although the unit is updated I m renting it’s still at least 200 under market rate and for 15 months) .

Washing rugs can greatly reduce the amount of airborne dust."

Are you just trying to reduce your living expenses now or do you eventually want to move out and rent both units and buy more properties?