@John Matthew Johnston 80% of the time, it's a thankless job:(You're never fast enough for complaining tenants, nor fast enough or cheap enough for owners.To have any chance of success, you have to be extremely organized, or every day starts with your hair on fire!

I once made the mistake of chasing multiple listings at once, which turned into a disaster.When I shifted my focus to serving one client at a time with honesty, integrity, and accountability, referrals started coming in without any marketing.

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

Businesses are “living” organisms with a life of their own, usually having deep meaning to their owners.  

The NAIC—the National Association of Insurance Commissioners—is the regulatory support organization created and governed by the chief insurance regulators in the United States.5.

This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.

While no property is too big or too small for a cost segregation study, it’s important to speak with your accountant to ensure the benefits outweigh the cost of the study.

However, even in these cases, you typically leave a small amount of money in the deal and only break even before accounting for vacancy, repairs, and other expenses.

You can run the same scenario accounting for the tax hit if you kept it past the 2 of 5 year time frame I presume you are referencing. 

The only “good news” is you’re paying for last year’s shortage and thsi year’s taxes, or this year’s shortage and next year’s escrow account.