It's a really intriguing concept, but my guess is that if it's been done before without negative consequences, it's because the implementation hasn't made it to any form of IRS review, and not that the IRS would "bless" the approach.

They may not see it this way (yet, or perhaps ever), but life is a game of actions and consequences in every way, and so is this. 

Unless it’s zero (which should have its own consequences), you are losing, if not wasting, money.

The headache involved is not worth the potential revenue and tarnishing your reputation with the city.

Yes it costs money but they have a reputation for being legally upheld leases in court. 

Hello Everyone,I'm getting involved in the Detroit Real Estate market and want to add some reputable folks to my team! 

Hello Everyone,I'm getting involved in the Detroit Real Estate market and want to add some reputable folks to my team!

Nathan not sure if you're still looking but Southern Belle and Tybee Vacation rentals are both reputable.

So you'll want to check the terms of your loan, but a banker is more qualified to tell you the consequences of renting a home you've only lived in for three months.If you are okay moving under the terms of the loan, you'll want to change your insurance policy to a Landlord Policy.

Considering the fact that finding a reputable independent wholesaler is a tall order was curious if people have ever found a good deal using an agent through these wholesale companies?