If you lived there 2 of the previous 5 years any profits from a sale would be exempt from taxes up to $250k for a single person and $500k married filing jointly.

On every single transaction, other than in 2011 when everything went belly up, we made money and we moved up. 

I have 4 properties and I'm getting a CPA for 2024 since I sold one (that was the 5th property) but I held it for less than a year, sort of like a did a bad flip but I did intend to rent it out (very long story).I'm guessing the OP has two single family rentals and not some large apartment complex, if OP is still there. 

Do you own any multi family or Single Family properties?  

I saw that depreciation can be corrected on a single form.Also I do not understand how/where to do a partial asset disposition in turbotax.

I’m looking to purchase a multifamily property, single-family home, or condo/townhouse near SMU, where my daughter attends school.

It’s not huge , it’s a single car garage if that helps  

I like the idea of single family homes as rentals for a variety of reasons.

The property must generate $5,712 ($9,037 - $3,325) more cash flow annually to compensate for the higher operating costs in Texas.Overhead costs have a large impact on cash flow.Property Price GrowthAccording to Zillow:Average San Antonio single Family home prices decreased by 2.9% YoY.Average Las Vegas single-family home prices increased by 6.5% YoY.San Antonio and Other Texas CitiesThe challenge with San Antonio's appreciation and rent growth is its unlimited room for expansion.

I've been actively searching for and analyzing multifamily and single-family deals, making calls, and submitting offers.