It's easy to get caught up in the deal's numbers but with a plan of action, investors can eliminate waste, pay the business better, and structure a successful operation that can last for generations. 

😊Essentially, Congress is allowing "cost recovery" deductions without regard to obsolescence.ACRS eliminated salvage value, minimized exceptions and elections, and moved away from the useful life concept.ACRS allowed depreciation deductions for recovery property over a predetermined recovery period by applying a statutory percentage to its basis (cost).Under ACRS allowed "depreciation deductions" no longer correspond to literal depreciation.

After that, I think it gets somewhat dicey, but basically foreclosure would be the next process.Yes, simply refinancing the loan by the current owner/buyer would eliminate the issue. 

The period between January 2015 and January 2020 is NON-qualified use, and only PRORATED (aka partial) exemption is available.Again, the intention of this law was specifically to eliminate this loophole: move back (or move there for the first time, same thing) into an appreciated rental property for 2 years and sell it tax-free.

This is one of the reasons why CF is so important...it's how you eliminate the risk. 

That CF coming from your rental reduces/substitutes, or maybe if you have enough CF, can even eliminate the need for your job.Your rental property is like any other business. 

My wife is highly sensitive to mold....so much so that we had to buy new construction to eliminate any exposure to mold 

Start with any of the criteria, then apply all additional criteria, eliminating any that fail any criteria.

I'm thinking that one way to eliminate the problem is to eliminate the original mortgage with a refinance. 

However, the Mobile would have to have it's own parcel, have the wheels removed, be skirted, have elimination of title and be newer than 1976 to even be considered for the same type of loan, otherwise it's considered to be a vehicle and would be like a car loan.