I have equity, but according to my mortgage broker, because of the remaining mortgage balance, I can only qualify for a 150K or 200K property.When I bought, I thought that the monthly rent would allow me to qualify for a bigger mortgage but apparently it doesn't work that way anymore. 

Also, as a courtesy, I created an account for you at XXXXX.com which allows you full access to the entire MLS. 

@Pat JacksonMy understanding of the traveling nurse/dr industry is that the staff are either given a housing allowance or the placement agency that finds the work also provides the housing.

Part 3: The $150k rule you're referencing is the small taxpayer allowance to deduct passive loses. 

Make sure it can't happen again and let him know in writing that he isn't allowed on your property.

These systems allow the homeowner to have the thermostat set 10 degrees higher than a traditional ac and have it feel the same temp, without drafts, hot or cold spots and large duct openings. 

So, I allowed them to remain in the home, paying the rent, hoping that they'd soon be able to get their own loan. 

Hi Charles,Typically what you are selling is the allowed highest and best use which likely Is the LAND in the case.

The losses are suspended to future years.2) You may be purchasing the property but not have it in service till 2019 - which may not allow you to deductions in 20183) You may have net positive rental income.There are tax benefits to owning real estate.

The title of this thread says "residential" , so is it even allowed in a residential zoning?