Even if you somehow do manage to pay cap gains, you're doing so at some 50% of the tax rate ordinary taxpayers pay...

Rul. 8350084, the IRS ruled that the sale of a residence to a wholly owned corporation of the taxpayer qualified for the former section 121( Section 1034)  gain deferral.

At least 90% of the total tax on your 2021 return is paid on orbefore the regular due date of your return through withholding,estimated tax payments, or payments made with Form 4868.2.

Conversely, capitalists or libertarians will say that the government will be ineffective at redirecting tax payer dollars efficiently in solving these problems that require non-governmental industry experience and knowledge.

A corporation is merely a legal document that creates a legal body without a soul. 1031 Exchange defers tax payments on a piece of Real Estate.

But I want to set money back for ST cap gains tax, pay back our personal finances for expenses covered out of that, etc.I guess the short question is: What all costs get taken out to determine if you have a profit or left money in the deal?

Maybe save up for a down payment, or learn creative deals.. instead of trying to get the taxpayers to foot the bill for your investment. 

Even without this safe harbor, I suspect it could rise to the bar of a business as I repair, collect rent, and maintain the home by myself but I'm not 100% confident.Greatly welcome any input on this and any other non obvious tax deductions such as the De Minimis safe harbor and Safe Harbor for Small Taxpayers for buying things such as couches and TVs for the common areas

It also has a paper on the window saying it has had its utilities cut off for the winter.I looked the house up on my county’s tax/real estate website and it says the property owner is a bank, but that the tax payer for the year 2021 is an LERETA which is a company that offers tax services based in California.

This is due to bonus depreciation which allows taxpayers to deduct 100% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.