For those not familiar with what Co-Oping is, I will be alternating between semesters at school and semesters working/interning with a company, in my case, a commercial general contractor based out of Naples, FL.

Unless there is an internal company policy saying they cant do it, they will let that slide if you threaten the deal on that issue. 

Hi @Debbie Chipman, The sale of your primary residence falls under Section 121 of the Internal Revenue Code ("121 Exclusion").

Hello all, I've currently partnered up with my brother (who lives internationally) to start investing in some real estate.

Mastering those internal issues is MORE important than the technical details. 

This is based on International Building Code 2003 which is still the standard in my area (northwest Indiana), and this standard should allow you to indicate on an MLS listing that it is a bedroom in the basement and not an 'office'. 

So people tend to think they have some kind of internal alarm clock that keeps them out of danger in these things. 

@Mark Gallagher  Ryan is in France enjoying the fruits of his labor  :) @Ryan DosseyI think a HUGE part of this as well is area..

I concur with what everyone else has said- it's likely an internal rule at that bank.  

Starting as an intern is highly recommended.