The exclusion doesn’t wipe that out, although it does cover most of the regular gain.Every situation can differ depending on filing status and how depreciation was handled, so it’s best to double-check the details with your CPA before listing, just to avoid surprises when tax time comes.

There's a lot of good advice in these forums related to this subject with varying opinions.  

As long as it took to get a title report using Subject To.

In fact less than half the SFR were in areas covered by a MLS.

My name’s Caty Deaton — I’m based in Kentucky and work on the dispositions side of real estate investing, helping connect investors with off-market properties nationwide.I’ve been diving deep into wholesaling, creative finance (Subject-To, seller finance, wraps), and multifamily deals.

Using 50% rule (likely fairly accurate at your price point), only 50% of the costs is subject to inflation.My last purchase had horrendous cash flow.  

Bottom line - best to pay your taxes and not have your inheritance subjected to all of this, right?

I also believe it is subjective.

When parents with federal tax liens die, "the interest that the children receive in the property is subject to that FTL and the lien must be paid when the property is sold."

I've been also told to "forget LLC's, go conventional mortgages, put each rental in your name, and get buy personal liability insurance that covers all of your personal and rental assets"   (which at this point is looking attractive and cheaper)