Investment Info:Single-family residence buy & hold investment in Knoxville.

However, after researching it and having her actually do her homework it came to light that divorce, separation, health issues, moving for a job, and a few other extenuating circumstances were the only exemptions for no paying capital gains before 2 years of having it as a primary residence. 

We are in a situation where we have built a good bit of equity in our current primary residence and are trying to figure out the best method to leverage that equity to continue building our portfolio as fast as possible.

I am a TX resident  and my partner is a CA resident.

They really wanted to push me into a single family residence for my first home and sit on it for 2 years and invest sweat equity over time.

Dear Mrs. tenant,We are excited to announce that our company is in the final stages of purchasing the building within which you reside, and I’ll begin managing the property on <date>.

(And the devil smokes crazy things) I believe the difference is the fact there’s no Federal nor Provincial law in place to “provide people the right” to have a pet or nor smoke inside a residence but ..... they just gave them the right to cultivate it. 

They either are protected by their receptionist or will not return calls or emails.

Make sure you have the property contingencies in place to protect yourself-  Inspection, loan, appriasal, termite and specific timelines. 

Investment Info:Single-family residence fix & flip investment.