You'll maintain your tax free gain if you stay under the 3yr mark. 

Sounds like you bought a house, with taxes paid up for the quarter already and you took possession sometime during the quarter. it also sounds like they forgot to calculate the tax credit due to the seller at closing. if that's the case, I believe most purchase contracts have a clause that states you will make it right if there was some miscalculation or simple omission at closing. even if not, the old owner paid for taxes and you are benefitting unjustly. the ethical thing in my mind is to refund the extra tax. there is no reason to go to court for this.if i'm wrong, please explain the situation better.

If I need any cash out now, I should take it in September or October before the election2) I did make gains on the investments so I'll need to pay tax on that.

Do you see a benefit in using the advertising company vs using the property LLC itself? 

VA loans are a great benefit that our veterans have earned for their service. 

I've seen some arguments to use the FHA loan first, since your VA benefit is a set amount, regardless of how many houses you have.

@Jordan Moorhead yes I'm looking to gain some insight at the moment as Australian property appears shocking for the new investor.

If anyone has a formula or spreadsheet to share, that would be much appreciated.I guess where I'm the most confused is regarding where the deferred gain and depreciation taken on the relinquished property get figured in.

Those gains, though, haven’t filtered down to most workers.

I plan to buy a home at under market value and then sink a lIttle cash Into It to gain some eauity.