We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.

For items not available before the SoE and hitting the market after the SoE, you can raise prices a max of 50%.

We have sold (tax free), kept as long term and/or short term rentals as well.

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

@Michael James Hamlin I'm a former tax accountant/business consultant turned fix n flipper and investor friendly agent. 

What are the tax ramifications of a sale, if any?

You and Him are filing one joint tax return. 

Sorry for the slow response had a wedding to prepare for at my house and just in recovery after being in the hospital.

However, after you get some experience, you probably want to get a Private Lender since this will allow you to keep the majority of the profits.

It's been my primary with the business run out of the 3-car garage I built soon after getting the property.