LIHTC development, Section 8 focus, or just finding really inexpensive real estate and intentionally keeping rents lower than market to provide affordable housing for the area.  

You have to be willing to play the long game and overpay with the intent that eventually after renovations you will take maximum market rent and turn a profit.

If it was your primary residence and you sell while you have lived in it for 2 out of the 5 years prior to sale then you would get the first $250K of profit ($500K if married) tax free.If you're not living in it now and your intent was to hold it as a rental but you decide to sell then you could do a 1031 exchange. 

There could always be infinite reasons why people would do it, more curious if there is a strategy that people are using in these cases if the intention is "conventional" investing, Henry offered a few ideas that would most likely fit.Helpful to look at for people trying to understand different ideas for sure!

If the intent is to flip it, there are two ways people buy houses 1. with borrowed money 2. with their own cash.

:1) I'm now talking to owners of parcels with development potential.2) I'm now evaluating potential deals and networking in my area to gather the numbers needed to work the math (as taught in the course)3) I will soon start sending out letters of intent to purchase properties and then get them under contract.

George for over 2 years now - our first intention to invest was in St.

I realize I could cash in on any of the above and decrease the new mortgage in turn lowering my dti but my intention is to not face any tax losses by selling from any of those accounts before the end of year.

It would be surprising the think the intent of the code was for this to only apply to two-family dwellings.  

Yes""Cool, thanks bill me"In the military it's called "Commanders intent".