Hey @Ryan Leake Thank you for this awesome post.

Hey everyone, this is my first time posting in the community, so apologies in advanced if I violate any social norms here.As I understand, selling a personal property allows for no capital gains taxes to be paid on the first 250k profit from the sale.

Hello Robert,Grateful for you spreading some wisdom on my post here.

@Ane Deys we replied on your duplicate post

. :)Thanks so much, very helpful information here.And just to circle back about your first post..if I were to have a family member buy or sell, would i be able to be the agent on that deal or would that compromise the Best Interest of them? 

I see you posted Sanford/Lake Mary...are you only interested in those areas for your investments?

Your post title is very misleading.All you did was get a good sales price - which agents have a legal fiduciary duty to do. 

This post: https://www.biggerpockets.com/forums/32/topics/1148626-neigh... has very similar info to what you're looking for.

This post is actually from 3 years ago, hopefully things might have not changed drastically in Sedalia by now.

If you spend 2-5k or more on filing your taxes (with what you described above) all you’re doing is making your cpa rich.