Hi @Jeanne M.The Fannie Mae Selling Guide states:The financed property limit : applies to the number of one- to four-unit residential properties where the borrower is personally obligated on the mortgage(s), even if the monthly housing expense is excluded from the borrower’s DTI in accordance with B3-6-05, Monthly Debt Obligations;applies to the total number of properties financed, not to the number of mortgages on the property or the number of mortgages sold to Fannie Mae;includes the borrower’s principal residence if it is financed; andis cumulative for all borrowers (though jointly financed properties are only counted once).

Upgrades like carpet, paint, and new roof would all be excluded from basic maintenance of a house.3) The period starts from the transfer of the deed into the owner's name that purchases the home from the taxing entity.

Excluding mortgages/loans.   

“Applicants may not be under forbearance or deferment on any mortgage or consumer loan (excluding student loans) and must certify that they do not intend to request a forbearance or deferment

I believe there are less than 1,000 people in this country who earn more than $100K in profit wholesaling over the last two years, and even that's hard to accurately pinpoint, because most wholesalers, excluding the folks who sell expensive courses, tend to have larger holistic real estate businesses, that include flipping, hold, private lending, turnkey rental sales, construction, and other related businesses. 

How much would a brand new home cost to build with mid-grade finishes (excluding land as that varies)?

If 75% of the project is getting reported on your Schedule E you would only be able to exclude 25% of the gains.

I would think that would exclude you from contributing to a solo 401(k) as well.

For those who don't know this excludes gains on the sale of a primary residence that was lived in for 2 of 5 years.

We actually market 25 of the largest counties in Florida, excluding Miami-Dade and Broward.Hey that’s awesome congratulations would love to hear more on why you exclude Miami and broward would love to connect I sent a request !