For joint owners who are not married, up to $250,000 of gain is tax free for each qualifying owner.If your spouse dies and you subsequently sell your home, you qualify for the $500,000 exclusion if the sale occurs within two years after the date of death and the other requirements discussed above were met immediately before the date of death.Good Investing...

Feel free to reach out if I can be of any assistance.

Hi Dylan, I'm glad to hear you didn't get fooled by the mentorship program--all the information you need to be successful is available for free on the internet and through talking with agents, lenders and property managers.

At a minimum, I recommend selling it within three years of renting it so you don't lose the tax free gain on sale of a primary residence.

I don't gamble in the stock market.Isn't part of it, that you can create generational wealth by investing outside of a 401(k) into real estate and pass those houses down tax free to the next generation using the stepped up basis?

My and Wife special in this area, we have tons of free content on our Page and our YouTube on the options you mention, and we try and cover the good and bad of each.

I'm new to having an STR and dynamic pricing tools and just tried a Price Labs free trial for a few days.

Feel free to reach out with questions!

I am interested in buy and hold deals to generate a large amount of passive income so that I can angel invest and be financially free.

Tax free.