I don't believe you can, but your qualified intermediary can.  

I have informally impaneled asked a "board" to advise in the structuring and development of this business opportunity.I am developing the marketing materials from a very good template.

That's my target and will be more than your gain, but I have 2 kids and reportable income so low I could practically qualify for free school lunches.

Now if you heard my podcast interview on BP #248, you may remember that I bought my first rental with $20k and spring boarded from there.

I actually don't encourage people to quit their jobs, but use it as a spring board to become wealthy.Now, if you haven't done well at the job that you have been trying to be successful at for a while, it makes me ask the question.....

(yet) But if I were in your position, I would be sceptical of renting to anyone that doesn’t have a bit of skin in the game.

Of course I don't know if you qualify for that scenario and I also don't know if that will carry over to next year.

I know it sounds very complicated and a little intimidating, but that's what your qualified intermediary is for!

Michael- I would first start by speaking with a lender and see what type of loan and amount you qualify for.

Could someone more qualified answer what IRS guidelines apply?