I received the same treatment from each person I spoke to, the broker of course thought it was me, until one of them yelled at him and could not answer his questions. 

the 500k tax treatment will always be there.. ( unless code changes) .

It's one of the few things you can't see during a showing/ visual inspection and I've seen issues up to $100k with sewer lines so it's worth the $150 to send a camera in and see what's going on.

The strength of this property is its visual impact and also the amenities offered.

Hey @Alex Dixon, great visual representation!

If the flip takes longer than a year, it's still considered a flip by the IRS, not a rental property, so the length of time doesn’t change the tax treatment.

Hey Mike, good discussion and good that you have some clear expectations going in.As others have mentioned, since you'll be living there, it can be better to start with a subset of cities that you'll genuinely enjoy living in, then work backwards into data and metrics from there.For the cities you mentioned, here's a visualization of current rent-to-price ratios.

@Ben ClingerHi Ben, I just noticed your post.Toledo just clarified their inspection criteria for section 8 houses and decided they wanted their cake and to eat it too...we don't have to have an interior inspection (since LMHA inspects that during their inspection), but we DO have to pay for a Lead Inspector contractor to visually inspect the exterior of the house and of course we DO have to pay the $45 fee (which is of course what this is all about).LMHA of course inspects the outside of houses along with the inside so the whole lead inspection is redundant.

LLC Tax Treatment - Can they advise on the best tax classification for your LLC (e.g., partnership vs.

However, if your losses exceeded your total income, they should have been reviewed for Net Operating Loss (NOL) treatment.