This way, they get the cash they need without selling and without triggering any taxes since loans aren’t considered taxable income.

Reach out to a LOCAL property manager that knows the rental market BEFORE you go under contract! 

You can delay the sales of the properties for your convenience.If you put all the properties on the market now and one property gets under contract before the others, you can sing into the contract that you can potentially delay the closing date by a certain amount of days.Best of luck!

The boot amount is taxed as capital gains and may also trigger depreciation recapture.For example, if you sell a property for $500,000 with a $300,000 basis, resulting in $200,000 of gain, but reinvest only $400,000, the remaining $100,000 is taxable.

Is it just the business with client list and contracts?

They counter offered at 110,000 and I accepted the contract.

An audit could be triggered by a number of factors that don't line up when run through the IRS's system, and create an exception.

I'll keep you in mind if I device to pull the trigger.

Deposits will not be returned (full or partial) until all tenants move out.If Tenant A didn’t come to you to get part of the deposit back they may have gone to tenant B, but they most likely walked away from it and I feel it is between tenant A and B to sort it out.Personally I would return it to tenant B, the active tenant in the current active contract.

My father has over 15+ years in the General Contract work field.