Since you are living in it, your math might be different than a flipper, but if you are hoping for short term profit, you need to look at it like a flipper.

So he will get some of the profit tax free. 

It does not seem to, but a couple properties have significant amounts owed to an individual through an Assignment of Rents document and I just want to get another set of eyes on this to make sure I'm interpreting this correctly.The deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:(a) Any lien for installments of taxes and special assessments, that installments will become payable upon the secured roll after the time of the sale.

It’s a short term juicing that can be helpful to stave off an economic slowdown but is not and should not be used long term.

You might only be able to make $30k-$40K a year from a 3 bedrooms SFH Airbnb there, but this amount will not cover the mortgage after you deduct 50% cost for a short term rental.

Short answer - yes.Long answer: you always have to return ALL kinds of depreciation when you sell.

Yes, I've seen it change in the last couple of years, I had a lender that is a veteran credit union that used to offer them and they stopped.I am W2 employed and have a company on the side for real estate mainly short term rental.

We are in the process of flipping our primary home and have found costly repairs that are needed, and we simply cannot come up with the needed funds to pull us through when we list in September. We fully own the prope...

NO REPAIRS FREE PICK ME PICK ME, #1 Homebuyers in [City]... when they rankk #33, and all 32 people above them also claim they are the #1 home buyers.I mean SERIOUSLY are you born without a brain?!

The recommendation here is to always get prequalified (it's free to do) and that will prevent us from losing money when we make offers.Check out this post I wrote on finding good lenders HERE.