However, there is no specific holding period contained in the tax code or regulations and there is no "safe harbor." 

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

(This is what we do, no upkeep,  and we love the 10% down, plus cash flow, principal deduction and tax write offs) Some of our investors use their SDIRA or 401(k) or pension to do this.4.

However, I’d like to have a space of my own before living with others again (I plan to house hack again with my next property).I’m seeking advice on how to move forward, as I need to consider things like utilities, taxes, landlord/umbrella insurance, and managing the property, especially with someone renting my garage.Specifically, I’m curious about renting out individual rooms and living on my own for a little while.

In my case, flood insurance was under $1800/yr and for the numbers made complete sense for me as a good deal with that added cost.4) Flood zone AE does not directly impact resale value, but can reduce the number of buyers considering your property which can lead to slower sale through time and potentially lower prices.  

This is day to day spending, rent collection, tax/utility payments etc. (1) account for all security deposits, (1) account for parachute fund, capex items etc.

Just the different brand name lowers the cost dramatically!

Originally posted by Account Closed:Yeah I guess there is no arguing with most of you on here as I guess you just don't care about the lower / fixed income families that are living comfortable in their manufactured homes.

Income would be from hunting dues and timber harvesting, expense would be conservation management, taxes, and the mortgage.

If it's already turnkey that means you're paying higher rates than necessary when you could put 20% down and get a DSCR loan with lower rates and fees.