However, if you're looking to gain those insights directly I've fine tuned our checklists and resources to answer those questions for all types of development projects.

Or the market goes crazy and the property value goes way up but she says she gets all the gained equity because she's been paying the whole mortgage all this time and she's dating a lawyer now who is on her side... 

2️⃣ Property Tax Deduction: Claim up to $10K for state & local taxes.3️⃣ Capital Gains Exclusion: Sell your home?

But I think you would draw a bit too much attention to yourself walking thru Balto city with a scary black gun . 

This allows you to invest in real estate without triggering the 10% early withdrawal penalty or income taxes, and the gains can grow tax-deferred (or tax-free in a Roth IRA).

Like aircraft checklists and vehicle operators manuals (the -10s), one can benefit from extensive research, trial and error, and deliberate improvement principles gained by the many that have gone the path before. 

Quote from @Wendy Zost: Quote from @Keri Win: I will be renting 4b2.5b home in the suburbs of Ga in the next few months.  

Crime has been rising a little and with my property having newer renovations and standing out a little more it’s caught some attention.

Passive losses can only offset passive income or gain on sale from a passive activity.

@Eugene Lubman Selling the property to your parents allows them to generate passive income while enabling you to perform a 1031 exchange to defer capital gains taxes.