As long as you've both owned and occupied it for over 2 of the last 5 years you can sell it and exclude up to $500k from taxes. 

I am looking for advice on an issue I am experiencing in the 11th hour with my credit union.I am purchasing a duplex to be owner occupied with my girlfriend. - We have a close date of February 3rd. - Our credit union provided us with a pre-qualification letter on September 19th. - They provided us with a commitment letter on December 23rd.

Purchase price: $185,000 Cash invested: $36,000 Block of 6 row homes purchased occupied, but neglected.

Is one of the homes owner occupied, or do they think it's owner occupied?

A reminder, when we military have occupied a primary for 2 years of of 10 years, we can exclude capital gains on the sale of that house: If you or your spouse are on qualified official extended duty in the Uniformed Services, the Foreign Service or the intelligence community, you may elect to suspend the five-year test period for up to 10 years.

Got approximately 80k in equity in my 2nd non owner occupied home. 

The duplex I got for $220k, put $60k into it and am now house hacking until I can refinance as owner-occupied. 

Err on the high side if this is a C- or D-class neighborhood.4.75% interest seems low for a non-owner-occupied property. 

You get to solve the problems other people don't want to fix.I've bought many occupied properties and will continue to do so.

With Providence recently passing the law requiring AirBnBs to either be owner occupied or outside residential zoning districts, I wanted to explore the option since the supply of STRs should be shrinking to see if it would be worth the added turnover and management.