If you run the company as a business with a business checking account and pay for the expenses of the business with the business checking account and simply pay yourself distributions to your personal accounts and handle all of your personal activity separatly, then you have a very good case to be excluded from liability.Personal case.

If they are all included then NOI is really EBIT and only interest (and income taxes) are excluded. 

Once you convert your property to a primary residence you fall under Section 121 (the 121 exclusion), which excludes only capital gains and not depreciation recapture.

There are a number of passive incomes, like interest, dividends, and rents, that are excluded.

But you're excluding that as a possibility. 30 year fixed is possible for NOO properties, but you're going to need a significant down payment and you're (at first) going to need to be able to support the loan on your other income.

Portfolio lenders will vary on what they consider, depends on the type of loan.With the blog Josh listed, you can also exclude installment debts scheduled to be paid off within 6 months.Larry, welcome to BP!

Originally posted by Chris Clothier:The bigger companies all are trying to give less info. on the front end...There's a HUGE difference between giving less information and giving inaccurate information.An example of giving less information would be not to list cash flow or ROI numbers for a particular property right on the website.An example of giving inaccurate information would be to list the cash flow and ROI numbers, but to exclude operating expenses in the calculations.The OP was specifically referring to companies that do the second thing (inaccurate information), not the first thing (less info).So, while I agree with you Chris that there is nothing wrong with giving less information (for example, omitting cash flow and ROI), I personally believe it's highly unethical to give purposefully inaccurate information (for example, giving cash flow and ROI numbers that don't include OE).Do you agree with that?

Only sign a new lease that excludes him if he proviides this form.The alternative is for you to require a new deposit with the new lease and then pay out the old deposit.

Will they issue a title policy excluding this matter?

Given how cheap money is nowadays, 2% if found provides VERY nice returns.Please note this assumes $0 repair cost after closing and excludes closing costs involved in the actual purchase.