I'd imagine it doesn't run indefinitely.

Imagine naive sellers giving their tenants the 'boot' and the property falls out of escrow 1, 2 ,or 3 times and it does happen.

@Bret Gillespie - It must be your primary residence for 1 year - I can't imagine paying two mortgages for a year would be worth the cost just to get an owner occupied loan

I imagine some real estate agents will not want to work under this system.

I imagine there is no conclusive answer to that, would like to hear people's thoughts.Thanks.

My primary will easily cashflow if I rent it out so I cant imagine selling it.

In my example above, where we imagined you had $100,000 of suspended passive losses, this means that you can receive passive business income for a number of years completely tax-free.Second, as you receive business income, you invest this tax-free money back into rental real estate to produce more passive losses.

Imagine one agent working his (or her) butt off to get it rentend.

I think of you apply that idea to creative types and non-traditional occupations like someone in a band or anyone that might operate on a different schedule along with that industry, I would imagine that those time blocks may be similar.

I imagine you'll have more staying power.