Moral of the story, the best answer, since tax scenarios can be different among different parties and circumstances, you both should speak to a professional tax person to understand your liability.  

This approach fosters a sense of ownership, boosts morale, and leads to better outcomes for everyone involved.Scalability and Team Management: Gary emphasized that regardless of the property size, asset management requires a similar amount of effort.

They're either shut down by moderators due to abusers posting libelous, slanderous and disruptive content or website owners with an ethical moral compass that won't allow them to support hate-speech. 

I have a ton of "experience".Moral of the story - take action.

.- They have no moral compass. 

I don't think you need to dig any further than that, or measure any type of moral option. 

@Alex Ballas, moral of story:- find MOTIVATED Sellers (eg. one who WOULD sell under the same scenario for no more than the $220k they had in it).

George,The moral of this story in my opinion is DO YOUR HOMEWORK!

@Carolyn Morales Carolyn first of all awesome for you to pay off your investments and if i am reading this correctly you just paid off your mortgages and you own the rental property free and clear.

The state slaps you with Real Estate Ethics and Standards where you must deal fairly in an ethical, moral and legal way.