If not crossing lines and you have a prior relationship with the person for more than 30 days that is ok if it is 1 person/married couple and they don't have to be accredited as long as you only do so many in a years time.  

"[8][9]"[M]ay a taxpayer exchange real property for an interest in a Delaware statutory trust without recognition of gain or loss under § 1031 of the Internal Revenue Code?"

@Jake Sklanka, Usually Joint Tenancy is applied to married individuals and is still seen as an unspecified interest in the real estate - In Joint tenancy the default is 50% 50%.  

I’m already tired of the maintenance and sharing my space.Quickly find someone to marry, and ditch the renters for 2 years before selling.Add onto and convert my office into a proper cottage where I can live in solitude while renting out the main house, unfurnished.

If you have then you can take the sec 121 primary residence exemption and the first $250K/$500K if married in profit would be tax free.  

In my case, I actually rented to a crooked cop, who got arrested where he used it as headquarters with other crooked cops to do dirty deals.Ironically, I just rented a SFH to 6 adults, two of them grown daughters, who will be married this coming year, bringing the total number to four.

Marry a wealthy spouse!  

Once you are married with kids, you'll start to see that money disappear.

This tax pre-dates IRA & 401k plans and is designed to level the playing field so that tax-exempt entities do not drive taxpaying businesses out of business.So, repeated flipping in a self-directed plan will be subject to UBIT, and the rates can be as high as 39%.Alternatives to take advantage of flipping opportunities with an IRA or 401(k) include being a hard money lender to another investor who is flipping the house, or what we call a hybrid flip where you buy-fix-rent - then sell after more than a year.  

You would ask some one to marry you within the first 5 minutes of meeting them would  you?