I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

Sounds like this is more about your ability to qualify because of claiming depreciation.  

I do not know why people claim to try and help a homeowner when they are really trying to help themselves.

This doe t mean that the poster is someone in cohorts or a “supporter” of the person, business or methodology you claim defrauded you.Based on my posts in the other thread on the same topic, I have been receiving emails providing additional information purported to show proof of fraud, though I have NO WAY of verifying it.  

Is he eligible to claim real estate professional status?

She better make a lot of money or marry someone rich because she has some unrealistic expectations. 

Disclosure: I have only done this with MFR properties but according to the state it should be acceptable with SFR property as long as you claim holding it solely for investment and not your personal residence as you would already get a better deal.A few other slight perks of SC compared to some other states is the taxable value is not retroactively applied. 

By forming a property management company, you could deduct business expenses like office supplies, software, and possibly a home office, which you wouldn’t otherwise be able to claim.

And since as a landlord with less than 100 homes you are limited to only filing a small claim on the damages and you can not report this kind of tenants to the Credit Bureau, it's worth the price.

Many times they will claim it's wonderful and then try to hide their worst deals by only showing completed deals.