The details are controlled by Section 483 of the Internal Revenue Code.https://www.law.cornell.edu/uscode/text/26/483Some bloggers, YouTubers, gurus etc. mistakenly refer to two other sections of the tax code, so let me address this confusion.Section 7872, also described in IRS Publication 550 as "below-market loans."

The American market isn't strictly RE driven. 

A lot of my out-of-state clients have closed on their off market flips and BRRRR deals with the help of wholesalers.

Most were paying $575 and market rent was about $1100.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Background - I'm in the southern Kentucky market and that's where the land is located.

My goal is to focus on purchasing small multi-families to self manage with a STR/ MTR hybrid model in the Central FL market.

Rookie investor here looking to purchase and house hack my first property in the Charlotte, NC market. 

JustinPersonally I'd use it to buy off market using creative finance keeping a healthy amount in reserves.

@Sam ChanI know of an off-market tenant occupied portfolio where they're willing to sell individually for 5.99% to investors.