Someone makes an offer and you accept it and then they ask for repairs?

Will they pay tax on the amount or will it count as part of their $500k exclusion?

I have a couple HELOCs that I use almost exclusively for flipping. 

Please see additional considerations below.If you are eligible to set up a self-employed Solo 401k (or have a 401k plan through an employer which accepts rollover contributions and allows for 401k participant loans), another alternative which would avoid taxes and penalties would be to transfer your funds to such a 401k plan and then take a 401k participant loan.

The previous owner is accepting some of this wrong doing, so hopefully we will not end up in a small claims court.Thanks 

At first I told them that a 14 day deposit hold is $100 non refundable and put towards there security deposit, and we could make the deposit to hold extended to 30 days for a additional $100 non refundable fee that does NOT go towards anything (accept my pocket).

I was actually buying our first primary residence home last year and supposedly it was reno'd. we put an offer and got accepted so we had the inspector check it out and low and behold, sooooo mannyyyy things to fix... also, my agent was my desk job manager's father, so he told me what the agent said.. so im like.. dang.  

if that's the case, having an extra 20% in the deal from either buying low or adding value will be a big help in weathering the storm. this will make it that even if you ahve to sell, you could still earn some money or break even. additionally, with a multi it's generally more of a cash flow play, and if that's the case an economic dip won't be too big of a deal if you are cash flowing an acceptable amount with a buffer included. lastly if you get into a deal and have extra equity, you could bring in another investor in the future and "sell" the extra equity to them, while still staying in the deal. there are other options, like subject too's and rent to owns that may work here but for me buy low is the best defense. 

After putting in our first offer for $85k, seller rejected offer and we countered at $93k all cash with only 4 days due diligence and $2k emd, after being on market for 56 days, seller accepted.

I had a client find me through a random internet search and was asking about 179 deduction and 121 exclusion and afterwards was upfront and told me he was quizzing me.