Live-in/flip. asset or liability?

[Jonathan Beemer]

Hi BP! If you have listened too or read anything involving the famous author of "rich dad, poor dad"... he consistently talks about the average American believes there house is an asset, even though it's actually a liability. Now, with a live-in/flip, would that make your house an asset?? Is there a line that it crosses when your house becomes a liability? Maybe the length of time it is held? Is it smart to continually do this consistently when I decide to move houses? Is it worth it? Give me as much info as you can on live-in/flips! Thank you!