Background is international accounting in the private sector.

@Brandon McLean the internal revenue code has great ways to help business owners save significantly on taxes.

In D.C. you can't evict someone that is already a tenant for past criminal history unless they lied.

Guess which of those three people is an internationally-renowned oral surgeon today?

@Isaac BlackMost banks have internal policies that sales going short for less than what's owed have to be listed on the market with an agent.

The last tenants were neighbor-from-hell, drunk & drugged out, criminal trespassers who habitually abused my property during all-night parties with numerous friends and relatives.

It would be a criminal act to do a lease option or even a leaseback on a short sale if that was not disclosed and, there would NEVER be an approval for a short sale with that disclosure so, if it did happen, the borrower lied.

The Tax Court hates making up new law and likes to borrow from existing law.Here’s an interesting quote from a law journal article written in 1955 (“The Single Rental as a ‘Trade or Business’ Under the Internal Revenue Code,” U. of Chi.

SFR from my perspective works best in a lot of post industrial towns - Chicago, Cleveland, Philadelphia, Baltimore - where rowhomes proliferated lending the stock an even greater level of standardization than most apartment building have internally along with a very low cost/unit and an outsized ARV on a refinance.

For all they know you could be a criminal, ready to break into the property if you find out it is vacant.