Investment Info:Single-family residence fix & flip investment.

To the nuts and bolt question of what defines occupancy, it is the place you reside and spend the majority of your time/nights.

Could be that the funds that bought the loans are liquidating, or it could be repositioning in preparation for future business.

You'll also want to make sure you have your full team ready so you can be prepared when the right deal comes along. 

They claim only 2-3 percent of the companies are audited so the more clientele they have the percentage of audits will be less even if they make some calculated risks.Few Deductions they highlight which you can get with proper planning and right CPA.1) 119A - Revenue stream bifurcation2) Augusta Loophole 280A - use primary residence for 14 days of business and pay you back without tax implications.3) Paying your medical and children education fee using c-corp4) offcourse the famous charitable llc - another program and package.Thanks for the insight.

HELOCng a personal residence could leave them homeless in the event they fail at this.

The property either has to be zoned a commercialZoning or - you have to own both HPR parcels and have one be a primary residence .

I attempted to file a small claims suit in my home county, but confirmed that the suit has to be filed in a county where the defendant resides.

out of state is more difficult than advertised. do you already own a primary residence? 

I am days/weeks away from trying it at my personal residence.  3500 sqft but only two people using it, so not sure how good of a test it will be.