I recently evicted a tenant for non-payment and non-confirming the lease rules, and would like to file collections against her.

The lender has required a 'Prior to Docs ( “PTD” ) Condition':"Business Verification Needed - Broker to obtain a CPA letter to confirm the borrowers current business waspreviously filed as sch c and confirm how long been in business for."

The gain from the sale of a primary residence up to $250,000 (or $500,000 if married filing jointly) is generally excluded from taxation.Now, let's focus on the depreciation recapture.

Also, as a GC would you do all the rehab and materials as close to cost as possible since the bigger the profit you could produce in the end the better for you both?

My attorney back then had a stack of active files that ran the width of the paralegals desk. 

If they come on the market they are sold for top dollar to investors as income producing businesses. 

This will produce a lower monthly payment due on the HELOC and lower interest, thereby paying of the HELOC faster, and opening up more available credit for you to tap for a project you have in mind?

Also file a complaint with the CFPB Submit a complaint | Consumer Financial Protection Bureau (consumerfinance.gov)Regarding do you have any legal action - you can prove you do not owe it but you will not get any compensation - courts have ruled long ago the only recourse you have is actual money you lost - there is no "pain and suffering" if a statement is incorrect and you have to fight with them on it.

We know that in vast majority of markets it's very VERY hard to produce or create new rental inventory because the margins are so razor thin or non-existent. 

==I believe @Jaron Walling is referring to offsetting capital gains by $500K due to filing as a married couple if you've stayed there for longer than 2 years.