Please check with your state's laws if this is the case.You may want to have an attorney do the following thingsReview the Purchase/sale agreementCreate/review the lease agreementCreate/review the partnership agreement(if you decide to partner up)evict a tenant2.

Just do a M453 sale (monetized installment sale) like I did to sell my own rental property here in California. 

My background is in project management and real estate sales.

Hello I purchased a 24 unit apartment complex. Looking to see if you guys bulk buy your standard remodeling items(flooring,appliances, plumbing). The prior owner has just been using Menards/Lowes for his remodels(12 o...

They bought their properties 15 years ago for 600K, they are now worth 900K, and they have taken 300K in depreciation over the years, so have 300K of basis left which I believe would create a recapture tax of 75K due in the year of sale even if there was no down payment. 

We knew the owner was out of state (it was an estate sale) & the place was full of junk & the old machine shop was full of old equipment.We offered cash, close in 30, no inspection & we would take it 'as is'.Several others were also cash & higher but wanted inspections & the place cleaned up.It's NNN & still returns us 28% p.a.But we do have experience regarding structural, elect, plumbing etc etc.We had the opportunity to bid on another property that was part of the estate.

Is the sale of your current home a short sale or any type of derogatory credit item?

This would be needed in the event someone mentions the "Due on Sale" clause. 

If you sell before mid-2019, the tax treatment will be for the sale of an investment rental property and for the sale of a primary residence.  

So the value will come from the CAP rate or comparable sales that recently occurred.