If he titles the house in mom's name by gift (no gift tax this year due to unified credit) , she has lived there for the right amount of time, can she exclude the gain entirely under Internal Revenue Code Sec. 121?

However, it's important to note that using leverage in an IRA can trigger Unrelated Business Income Tax (UBIT), and there are strict IRS rules to follow to avoid prohibited transactions.

Not strictly necessary, but nice.I'm currently invested with Rise48 and in contact with White Haven.Who else is out there that I should know of?

I did find verbiage but from another jurisdiction "Unavailable for rent means a unit whose owner has filed with the code official a statement signed under penalty of perjury that such unit is not offered or available for rent as a rental unit and that prior to offering or making the unit available as a rental unit, the owner will apply for a Residential Rental Business License and comply with any applicable administrative regulations adopted pursuant to this chapter...."

Or is an LLC limited to different, more strict options?

(For example, explain in your listing description or a message to the guest that you will email a door code at 9 AM EST on the day of check-in.)Vrbo’s actionsIf a guest contacts us within 72 hours of their check-in time because you didn’t provide information critical to their stay, we may take the following actions:Depending on the issue, we will either provide the necessary information or contact you for a resolution so the guest can proceed with their stay.If we’re unable to resolve the issue or reach you, we’ll cancel the booking, refund the guest, and help the guest find somewhere else to stay.

But if it's strictly str only, no personal use, IRS seems to allow deductions and losses as any other rental.

That 40k class would not teach you to put nail to the drywall.In my actual job i am so very busy writing code for DATA CENTER like Amazon or Google data center, so I do NOT have time nor knowledge to put a nail in the drywall, but i have TRUSTED friend that can put the nail in the drywall.There are just so many RESOURCES here in BIGGERPOCKETS where one do not need to go to any school but can learn from them or they can redirect to the right people.As for me , my life in real estate context has DRAMATICALLY IMPROVED when I CONVERTED my business relationship into much PERSONAL RELATIONSHIP to the contractor.In flipping business, the contractor, the subcon , is like the Prophet, okay, they have to be listened and being served.

(made that one up) Look for what doesn't fit code.

. - Making sure their responsibilities and your responsibilities are clearly defined, giving heads up about workers coming in to do upgrades/maintenance, being proactive about renewals, deposits, strict about the lease agreement (but lenient when it makes sense), etc. has been instrumental. 2.