You can do it with a location name (primary bedroom, living room, etc.) or with numbers.

Learning a ton of info doing research about turning our 20 plus year primary residence into a rental property. 

NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONL Spam

Yes, the primary tenant is still responsible, but you open yourself up to a lot of problems. 

If I sell it in 1031 exchange, can I then get another rental, rent it out for 2 year and then make it my primary residence i.e. homestead and that way avoid any depreciation recapture and capital gains?

Here is my situation:I've owned and lived in my house as my primary residence for 3 years.Up until the last year, I have rented out spare bedrooms (space within the living area).I got married about a year ago and my spouse has now been living in the house as her primary residence for 12 months.Question 1: IRS publication 523 states in the section under Business or Rental Use of Home, "If the space you used for business of rental purposes was within the living area of the home, then your usage doesn't affect your gain or loss calculations.

There are a few things which might be worthwhile now—paying off your debt including primary residence if you own one.

International investors should expect an interest that's 1-1.5% higher than U.S. citizen primary mortgages because of the added risk to the lender3.

Purchase price: $185,000 Cash invested: $45,000 Purchased as a primary SFH with low interest rate.

The primary residence and one additional dwelling unit without any additional requirements, fees, permits, licenses, zoning, or related restrictions."