The purpose for setting it up as a STR was simply to help defray the cost of owning and maintaining the property, but again we feel that the time we put into it is taking away from our quality of life with our family/kids.We're looking for advice on what to do with the property.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

Build the confidence of your abilities by having that real life experience.

Personal property is depreciated on a much shorter timeline than the default depreciation life of a rental property (27.5 years). 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Near the end of the useful life, there is less value to accelerate, decreasing the benefits of a cost seg.Properties with small purchase price:Cost segregation companies should provide you with a quote so that you can determine if the benefits outweigh the cost.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

A customer of mine mentioned she is selling off all of her properties as she is 80 and looking to enjoy the rest of her life task free. 

Which many real estate experts claim is the best time for investors to buy and hold onto until the market rebounds.With the Panama Canal reporting record income and numerous infrastructure projects in the works (like a 2nd Metro Subway line in Panama City) along with highways and the main airport expansion; the market should rebound in a year or two.

Depending on the facts and circumstances of the agreement, it could either be treated either1) the sale occurs as of the original agreement date, and then your taxable gain is generally spread out over the life of the principal payments as an installment sale (although I should mention any depreciation you've taken on your property could affect this), or2) the sale does not occur until the lease option is exercised, and gain reported at that time.