That is where  you expenses would make your blood flow.  

The only reason to defer the capital gain would be to reduce the tax liability in the event someone anticipated a lower tax burden/rate later on.There is also the potential that your purchasing power could be stronger in today's market than it would be in a future market and keeping that money in circulation will benefit your portfolio long term, but that is even more speculative than trying to determine what tax rate you will pay in the future, and the longer you plan to hold the resources before cashing out and paying the taxes the more speculative it is.

Don't spend a bunch of time trying to get blood from a rock. 

I am not a MultiFamily unit at all.Believe me, my blood pressure is going up and down w/all this research.

Families (blood family) are essentially exempt, but when unrelated people get into the mix, that’s when violations start to pile up. 

I've seen some simple templates circulating the internet and this is nothing alike.

Us head brokers have an ongoing joke circulating that agents want the world and want to pay nothing for it without putting the dues and time in.

Will your blood start pumping and over-heating then?

And what is the probability of collection, you cannot get blood from a stone, and in Texas in many cases collection is not happening due to various laws.So checking out your probability of collection with an eviction attorney might be a good move too.And to keep it in perspective, an Phone 14 Pro can go for around $1500 plus tax, so your out about 3 iPhones (or about 15% of the price of a new F150 truck).If you let 5 or 6 more of these go unpaid, you've just paid for a new F150, and will never get to have it.But then again, you have to run your business in a way you "Feel" is Moral and Just.Good Luck!

FX, Crypto, Flipping Houses, Sub2, Gold and Silver, Rare Earth Metals, Day Trading, Bernie Madoff, Vending Machines, Car Washes, Amway, any MLM.....whatever the dream of the day is.In all of them, you can make money, you can get rich, but almost always it takes a lot of hard work, blood, sweat, tears, missed holidays, working on weekends, money, risk, stress.