If the lender is aware of this strategy, and they have a 6 month primary residence term, how could this be fraud (legally)I’ll just drop this link, it’s a lengthy explanation but worth a read.

After a lengthy zoom call, I can finally say that I felt heard and cared about by the company.

Context of my story/situation (please forgive the length).I purchased my first beach house (which I intended to use as my primary residence) with an FHS loan in August 2022 in Pensacola, FL.  

He emails you a contract which is quite serious and lengthy while you are on the phone, and says you have to sign while on the phone and pay 10-20k while on phone.

Sorry for the lengthy post on a complicated property tax question.

It has become quite lengthy and in-depth.

Quote from @Konrad “Arm's length” is an expression which is commonly used to refer to transactions in which two or more unrelated and unaffiliated parties agree to do business, acting independently and in their self-interest.I would think that most transactions are "arms length" transactions.   

A name plate architectural set can run you up to 12k.Based on my (somewhat lengthy) experience, those numbers are waaay low for SoCal.

The reason why I ask if you can't is because I have heard from some people you can't no matter what because you aren't renting the property but flipping it but others say that as long as you hold it for over 1 year you can utilize the 1031 to get into another property.Thank you to all that replyYou’d need to rent for at least a year, the length is irrelevant it’s about intent, if you sell without renting it’s a flip regardless of timeline.

Our signing process is lengthy and we review all of the responsibilities with our new tenants and ask that they initial each page confirming they have read and understand the rules etc.