@Marcus Auerbach the issue and objection is Federal overreach. 

The Federal Trade Commissionc. 

Reporting these expenses on your personal tax return (likely Schedule C for a sole proprietor) could result in a net loss that might offset other taxable income, reducing your overall tax liability.

Deposits from the tenant.Security deposits from the tenant in residential dwelling units shall be deposited in a trust account with a licensed and federally insured depository institution lawfully doing business in this State or the landlord may, at his option, furnish a bond from an insurance company licensed to do business in North Carolina.

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

Like other owners, Sreit is hoping prices will rebound later this year, especially if the Federal Reserve begins to cut interest rates.

University federal credit union 

I purchased my first home in October 2008 in Las Cruces, New Mexico after accepting a career with the federal government.

I believe that the Federal Reserve is going to cut rates by 25-50 bps at it's September meeting (no emergency cut), but that 30-year fixed rate mortgage rates will rise to upper 6s low 7s around the same time, and Commercial borrowing rates, including for multifamily, will increase as well. 

Figure out the state and federal capital gains tax and depreciation recapture after selling costs.