. :)Yes, if he owned the home as his primary residence for two of the last five years, then he could be eligible for a 121 exclusion up to $500,000. 

Currently we have a 15 year 2.25% August 2020 on Our primary home.

I don’t have any info yet on a potential status change, but right now I can only rent an ADU if I am a primary occupant.

Personally as easily as causing a car crash or someone being hurt on your primary property.Rental-wise, you knew about a problem and didn’t fix it, probably enough if you “should have known” about a dangerous situation.

An opportunity has arisen for me to rent out my current primary residence that I cannot pass up (about $1000/mo cash flow), and so, as a real estate investor, I of course want to do a third house hack instead of renting.I work around Ft.

I own my primary home for 3yrs and will plan to buy new primary home and keep this current home as rental.My plan is buy new primary home and keep this current home as rental.- In this case, when I sell my current home (will be rental in the future) how is calculated the capital gain tax?

Hi Dustin, if you are cashing out on an investment property, Fannie/Freddie on conventional loans will only go up to 75% (1 unit).  80% if it is your primary. 

Are you looking to buy something as a primary residence, and then turn it into a rental when you leave? 

I am hoping to move out and rent my primary home in the next 2-3 months and need some help finishing it.

For example I pulled a permit for an electrical panel upgrade at my primary home here in Olympia WA.