Many for-sale by owners aren't aware they are legally obligated to disclose.

I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental.

The 70% rule is indeed a common guideline used to evaluate BRRRR deals, ensuring that you can potentially pull most of your money out on refinance.When lenders offer DSCR (Debt Service Coverage Ratio) loans at 75% LTV (Loan-to-Value), it can change your analysis slightly.

It happens.Recommend doing a thorough review of the area for actual tenant potential. - Build a profile of available tenant pool to be sure you understand their expected performance. - You don't want to rehab your property to Class A standards, but only have Class B & C tenants to choose from:(- How many rentals are in the area, where do the tenants come from?

I don't make much money from a tax return stand point but I don't think it'd affect my DTI since I'd be using potential income and I don't have debt.

The sellers are not an intended user and there is no legal obligation to provide it to them.

Now someone has hijacked my ad, is using the same pics and description but with a different phone number and email address.One potential tenant called and told me about it, after she looked at the ad yesterday she noticed the price change this morning.

Legally you can't ask for proof of certification - When it is not obvious what service an animal provides, only limited inquiries are allowed.

,Bruce, holding a property for potential appreciation (i.e. not actively generating rental or business income) is a valid tax strategy. 

I have done things with attorneys, CPAs, stock brokers, insurance brokers and others successful in business.General business knowledge, understanding of financing requirements, knowing property valuations, maturity in personal financial matters to give general advice, understanding of the foreclosure process, legal aspects as to liability in leading someone into financial matters, fully understanding fraud issues and the differences in a general matter where fraud might be applied as generally thought of and what may constitute bank fraud causing or even attempting to cause a loss to an insured bank having different standards.