Its tax free money...You can then hold on to it just making 5% in a money market fund with next to no price risk. 

I would also argue that there are plenty of landlords out there that have rentals which are currently below market rental price.I assume that this part of the tax code was created to prevent those with multiple homes from letting relatives live in one for almost free, while potentially hiding that rental income and not having it registered as a business and pocketing the money.  

As a banker, I used to lend in Latin American countries.

This property is debt free.

@Olivia Cannizzobuying a primary residence is a very personal decision, and I normally try not to advise on itbut - buying is expensive, in that you can pay significant closing costs on top of the down paymentso... to buy something to live in for 9 months, and then be negative if it's a rental... and now your 20% is stuck in it and not available for when you movedoesn't make a lot of sense to me unless i am missing something.if you move, you could house hack in the new place with a much lower down payment loan... and that frees up a ton of cash for other things. 

Again, less than 10% of Americans go FSBO - and I don't think it's because they're lazy.Yes I'm a realtor so I'm showing a bit of my own bias.....but every year I've also given advice and helped homeowners who wish to sell their homes by themselves.

Feel free to reach out if we can help in any way!

Most cost segregation study companies provide the quote for free.

Recently bought my first foreclosure, rehabbed it, currently house hacking, living for free, and making $400 in cash flow. 

Feel free to PM me and I'd be happy to chat too