It’s run by a political machine that is bleeding it dry.

@Kevin Polite thank you for describing your situation!

Otherwise, you'll be pierciing its corporate veil (assuming you care about it).Hope this helps. 

Sometimes they actually call and I mostly politely declined in the past but they just kept calling and calling so then I just started going on and on about how I need to sell this property at above market price and make a lot of money from them.

You probably aren’t going to do enough to prevent a lawyer from piercing the corporate veil and making you liable anyway. 

A corporate junk bond is high risk so it has a yield of say 10-12% right now.

It's a private corporation that will negatively portray businesses who do not pay them an annual fee.

You can be polite, but you need to be firm.You should have sent a 7-Day Eviction Notice for nonpayment ASAP, to show the tenants time is ticking to pay or move.

Rich people are well connected with our political system, and they tend to vote with their checkbook.  

.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.