To be very specific, at RTR, a large portion of what we focus on is new construction properties (BTR) that ARE sold exclusively to our network below market value.

Keep in mind that these policies are drafted by sophisticated attorneys and drafters and typically have precise language and exclusions. 

I know this sounds backwards, but it is simple math.When you buy a property, your cost is exclusive to the cash you put into it. 

This logic disputes both of your arguments, and these arguments are not exclusive to you, many people make them.

I would put forth for consideration that you look into a few things, such as whether holding as a nominee on behalf of another could work, whether an LLC could assist, and for income taxes, see if you qualify for the exclusion under IRC 121.  

If your move out was because of work, health, or unemployment, you can qualify for the partial sec 121 exclusion. 

They are very versatile: you can assign the beneficiary privately, a lender can avoid the foreclosure process if the loan was on the trust beneficial interest as it is personal and not real property, you can assign portion of the beneficial interest to your heirs piece by piece to stay within the annual gift tax exclusion for estate tax avoidance, ...However they are a pain in the *** to deal with when dealing with a lender as most of them don't know about them.

I recently discovered that wholesaling in Illinois is almost exclusively for licensed realtors.

Fact is, EVgo and other EV charging operators like Electrify America that claim to run on "100% Renewable Energy" rely almost exclusively on SREC purchases.

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion.