FHA loans are federally backed mortgages designed for low-to-moderate income borrowers who may have lower than average credit scores"https://www.investopedia.com/terms/f/fhaloan.aspIs it just basically a loophole that even high income people can use to house hack?

Even 1031 is not a 100% sure thing as many law makers consider it as tax loop hole wants to change it.

Not sure if that means there's a chance to do something now before the IRS figures out a way to close the loopholes, or if there's a chance of getting something that looks OK declared improper.

I understand the laws concerning purchasing notes in Georgia and I also know the loopholes around those laws.With that being said I am not licensed to by owner occupied notes in Georgia so I cant purchase yours.

The second to last paragraph makes it sound like there is a compensation loophole (pay a flat fee rather than special compensation based on gross rent).

Loopholes of Real Estate Investing is also good in this series.

Most states have a loophole rule that says this doesn't apply on your primary home, but you may want to check.

I feel terrible for the guy, I just don't think there is anything he can do about it, unless there is maybe a landlord tenant loophole since they can prove my friend made all payments to the mortgage company.

If you structure your LP correctly AND you invest in the right types of projects then you can skirt the UDFI and UBIT taxation from what I am told...at least until the current administration closes the "loophole."

I did some research into the rules on taxation for gifts from a foreign person and wanted to confirm my understanding (given innumerable loopholes/gotchas in the tax code).