So, you will benefit from deducting depreciation for 3 years, but then you will have to return this temporary benefit when you sell - essentially a wash.And, as @Jon Holdman said, the deadline is firm, cannot miss it even by one day.And - very important - the rule assumes you do NOT move back.

As he said, I think its more of a guest benefit. 

For the benefit of BP users, the key is finding an experienced broker of real estate securities that can advise you on different options after learning your financial objectives. 

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

I just hope it works out to our benefit financially!

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

What are your main sources for off-market leads these days?

It's in Choctaw, on main street.

If the owner's main concern is it being a hassle, seller financing it to you would still allow them the opportunity to earn steady income off of the property.

In today's hot real estate market where things are typically selling without being on the market for very long, why would a seller consider a land contract?  In my mind, if a seller can sale his property out right..  ...