But it sounds like they don't care until you're doing it for an extended period of time or for more than a couple of rooms.Looks like they want you to go legit and get a license like @John Anderson said.

I would be careful closing on a property you are going to wholesale.

This was changed in tax code by congress to fund the affordable care act.

It's very well taken care of.  

if you are a buy and hold investor I don't know why you would care as long as it cash flows well every month @Scott TaylorYou should never buy looking for appreciation But if that is one of the reasons you are buying when you sell just finance it for end buyer and get appreciation that way

Hey BPJust thought I'd post to see how many private equity / investors are active in Georgia, specifically those interested in high-return corporate housing, hospitality and senior care (skilled care & assisted living).

I am young, 18 years old, and I know being this young is unethical but I would love to secure my future and provide a landlord (myself) that will take care of its tenants to the fullest.

They don't care if its a rental as long as you lived in it at one time.

If not seek the advise of an attorney qualified in this field, google "checkbook IRA" or PM me.

@Noelle Yarn I always try to be careful in advice I give people on Bigger Pockets.