He can sell you a worthless education and there is no consequence. 

Sell vs.

@Julian Martinez The good thing about your position is that if you decided to sell the property you can qualify for the 121 exclusion, and qualify for a 1031 exchange.

To clarify, my focus isn’t on analyzing T-12s for purchasing a property but rather on developing a solid T-12 for managing my property effectively and for use when I eventually sell my investment property in the future.I want to ensure the T-12 I create is both accurate and straightforward, serving as a reliable tool for tracking performance over time and presenting the property’s financials to potential buyers down the road.If you have any advice on key elements to include or how to structure it for these purposes, I’d greatly appreciate your insights.

.: Based on what you've shared, I would sell.

When selling a primary residence you have lived in 2 of the previous 5 years you get a tax exception on profits of $250k for a single person and $500k for a married couple filing jointly.

You had me run two appraisals that both came back good but because the rates were changing at the time you weren't certain you could sell it on the backend(this came directly from your agent, who happens to be a decent guy).

People are selling their homes in the northeast/midwest and moving here.

And if your selling NON mls props its hard to run data..

Have you made a research on house prices, rehab costs, time on the market to sell and etc?