I hope someone here is knowledgeable and willing to help me understand the new math.What's the difference in % (after deductions) taxable as capital gains in each scenario:Purchase House. Live in for 1 year. Rent for ...

The formula for calculating guest fees on both of these platforms is far from transparent.  

@Anastasia Jordan hi is there a strategy or self-made formula you use to counter the quote i.e, based on work needed or possibly how long it’s been delinquent & abandoned etc?

There is a definite formula to purchasing investment property. 

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

I have run this same formula on even lower priced properties that need much more work, and never end up with good cash flow.

The formula that gets promoted alot is estimating 2-3 pct for buyng costs correct? 

Definitely great advice and it gives me a formula for moving forward.

Not because there's anything wrong with it - sounds like an amazing class - but because I'm a 'big picture person' and just hate all of the little details and numbers and formulas.

Sounds harsh, but that’s the reality.The formula has always been the same: study hard, go to a good/top school, work hard, save money, invest, educate yourself, network/learn, be kind to people, rinse and repeat.