In the 1981 Gorod case, the Tax Court said "...Respondent [MP: the IRS] also contends that section 280A precludes the deduction of the rental expenses and depreciation, apparently on the theory that petitioner's occupancy of the upper unit constitutes "personal use of the lower unit.

In this case, the RMD calculation is a taxable event so a more precise valuation is necessary.Some custodians charge based on account value, and they then make it sound like the annual certified valuation is an IRS requirement when actually it is just a means to ensure they get fully paid. 

Wholesaling is not as easy as some people make it out to be especially in the market we are in today where there is so much information and everyone is trying to hop on the bandwagon.I have heard people compare wholesaling to a combination of 5 different skills:-marketing-Negotiating-appraising-communication-estimating rehab costs You can do it, but don't think you are gonna make one call and then get a 10k assignment next week because thats not how it works.

I originally bought with no money down and the property is 14 years old and in good condition, but has a lot of upcoming expected maintenance due to its age( ie furnace, roof, washers, dryers, kitchen appliances, etc) I have been told that I can possibly sell under IRS Bulletin 523 and avoid capital gains taxes but have not done my own research on that yet.

Starting a year ago, I found my current source through a series of podcasts, then I purchased a property, which triggered a direct sales letter to me that showed me better returns, so I hopped on board with them a year ago and have been building up most of my inventory through them.  

UBIT would apply if done as a flip because the IRS views it as business activity and wants to even the playing field between those that fund real estate deals using personal funds vs those that use IRA or 401k funds for that matter. 

You can even have escrow money from your exchange account be released to the seller to pay for those improvements but again there's a risk to that if the deal ever falls through.Another option would be to use the IRS deminimus rules.

@Walter Roby jrThe IRS requirement for married couple is to stay in the home for 2 years to qualify for Capital gain exemption

Don't be shy in hopping on here and asking questions.  

That entity forming should protect you personally from others and the IRS.