Flip profits are ordinary income not capital gains and there is no way to defer them.

Was this the guy in Arizona who was on American Greed?  

The markets may slow and inventories grow again, but Americans (and foreign visitors) will not stop vacationing. 

The government offers a program to assist the average American to move up in the world.

You really only have to worry about the "tax treatment" if you have any gains...I suppose somebody else would have to chime in if technically the "house hack" is an investment or flip (i.e. passive income or ordinary income).  

What I'm looking for: - 30-year fixed-rate mortgage - Single Family Home - $125,000 or less purchase price - I have a W2 job (T4 in Canada) that I have lots of history onI know RBC Bank and TD Bank are Canadian/American cross-border banks, but RBC Bank does not do 30-year fixed rate mortgages, they only do ARM.

@Dylan Barnard Call Jason Zook at North American Savings Bank for the best non-recourse rates.

@Greg DeFeyterI have used Cindy J. at American Associates for 8 years.

Tahoe is close, Napa not too far, and rafting on the American River is fun but what will pull people from everywhere to visit?

For non owner occupied properties the cheapest / easiest provider is Foremost (owned by Farmers) If you have a really beat up property that Foremost won't take you could go with American Modern.