Role-playing.     . you paid $300k 10 years ago, it’s worth $660k, (so when you sell you net $600k to make math easy.)and your cpa determined that you owned zero land, so it’s all depreciatable. you owe 15% on the $300k gain plus 25% tax on $109k depreciation recapture, so you owe $70k in federal taxes, then California reaches out for another $30k?  

If you have a taxable income of $50K and convert $60K to Roth, which adds to your taxable income, making your total taxable income $110K, how do you pay zero in federal taxes?

Name any other tax, ANY, that the Federal Gov. allows you to skip paying as long as your using it to make $ with it. ???? 

It is a federal regulation but some states reach out and screw you.

https://natlawreview.com/article/texas-federal-court-issues-nationwide-injunction-against-enforcement-corporate“We note this is a preliminary injunction, and we urge reporting companies to pay attention for additional updates and proceedings in this and other cases which could modify or change this order.”

The human race has historically been poor at predicting future, so it's wise to prepare for multiple scenarios.Mortgage rates in 2025 may decrease slightly if inflation stabilizes and the Federal Reserve eases rates, though they are unlikely to return to pre-pandemic lows.

(Probably net more cash (75%-80) than they would from selling. (8-10% in selling costs, plus 15%-25% federal taxes and depreciation recapture, and 8-10% state income tax means netting only 55-69%.) and then Hold until they pass.

SupplyLas Vegas is unique because it is a tiny island of privately owned land in an ocean of federal land.

Ask yourself, why would the federal government pay MORE than market rent and waste our tax dollars?

The Federal govt can sue you.