The Section 121 Exclusion helps you avoid capital gains taxes.The IRS classification of income as a "Flip" for Real Estate Dealers is based on a few key factors including "frequency" and "intent". 

If you are going solely based off price, I would go with mojo dialer.

Lenders will qualify you based on the rents covering both the 1st and 2nd mortgage payment 

Someone could have bad credit, but good landlord references, strong income or employment history, etc.I score based on a variety of criteria, determine the level of risk, and then charge a higher deposit to offset that risk.

I am able to do a CMA (Comparative Market Analysis) for you with specifics based on what you are looking for, however- I just need square footage, zip code, number of bedrooms and bathrooms, neighborhood, year built and age of home/upgrades and improvements to compare.

Hi @Renzo Figueroa, I know someone buying properties in the Tampa Bay area with a unique rental strategy that is grossing around $4200-4500 per month in rent based on long term rentals on properties around the 400k price point.

Based on your questions, here are some insights that might help streamline your financial arrangements and improve your system:1.

Only the expenses related to the rental portion can be written off.Allocation can be based on the square footage of the rental area relative to the total square footage of the house.As for your deductible expenses, you will need to allocate the expenses between the personal and rental portions of the house.

I was looking at the TCU and Joint Force base area.

You can't go on their word so best to follow legal processes.