Do you know any restriction or requirement that allows you to continuously change your primary residency status in order to obtain better financing options?  

The rules are black and white as to the 2 of the last 5 years as your primary residence that you can have a gain of 250K or 500K tax free depending upon your marital status.

Also I have opened up a LLC and have heard getting s Corp status for the LLC can help some taxation as well.

Hi Tzook,Just looking on Craig's list or anyother site which lists properties for sale is not enough - you must be very much familiar with the area you want to invest in, and have a local partner there that you can count on that will assist you with checking out a property you are interested in, from the outside and inside, to know its internal status and the amount of rehab needed.

Having language in your lease which requires the tenant to do physical work on common areas can infer a type of employment status in the eyes of the insurance company and they could deny your claim if something happened depending upon the language of your insurance policy.In conclusion: If it's a single family home that you are renting out, I have seen many landlords in Rochester, NY require the tenant to take care of lawn maintenance and snow removal. 

The biggest thing you can do to save money on taxes as real estate investor is elect "real estate professional status" with the IRS.

We understood that a vacancy for any length of time automatically nulls the properties grandfathered status and reverts back to the proper, initial zoning status. 

You can verify active duty status at the Service Members Civil Relief Act (SCRA) website, additionally they always have a supervisor in their department just ask who that is or for their departments Lead Chief Petty Officer (LCPO).

Fair housing familial status

First off, if someone says they are a contractor check the status of their license.