If you exclude the component of refinance in your personal name, your IRA can also do a cashout refinance so long as the loan is non-recourse (i.e. you cannot provide personal guarantees).

But to him, he was looking for help.I'll agree that a better question might be to ask if it were legal to exclude tenants over 300 pounds, or if anyone knew of reasons to avoid excluding them.  

That excludes me from many other areas that I would love to focus on investing in. 

In residential market, I learned that the national average GC's profit is ranging between 7-8% (excluding overhead) for new construction. 

Honestly I like most of the tile, basement excluded (that is ugly).

That makes the list looks pretty bad if off the first 7 lads only 2 are accurate.Also, my list is pulling LOTS of corporate owned properties even though I excluded them in my search.Is there a logical explanation for this?

And I have also read or heard of you live there for more than a certain time you can exclude up to a certain amount ?

Hello - this may be a newbie question but from reading the various articles on BP and Investopedia, my understanding is that Net Operating Income (NOI) is defined as operating expenses required to run and maintain the property but excludes Loan Payments, Capital Expenditures, Depreciation, and Amortization.The IRS has recently raised the Tangible Property Expensing threshold to $2,500 (from $500 previously) per item so if you took advantage of this change, wouldn't it decrease your NOI since you can expense smaller capital items as repairs & maintenance instead of capitalizing and then depreciating them over time?  

@Jay Hinrichs$1M is a lot for seed stage ventures in most areas of the country; Silicon Valley's valuations and general business environment excluded.  

My understanding is that you take the "improvement" (meaning - exclude the land portion) part of your property and depreciate over 27.5 years.