As of recently, I acquired another house through inheritance which we will be moving to within the next two months, prompting me to become educated about renting out our current home.Needless to say, I stumbled upon an abundance of information, one book in particular leading me here.

thanks for the prompt response, let me change the example to buying a $200k property only, is my tax consequences now only on the $100k capital gain and then avoiding $10k on taxes until another day.

@Buddy Holmes I can't even get passed the phone prompts.  

This issue can be avoided completely by transferring the property into a land trust that your family could then be co-trustees of either directly, or through an LLC(for better liability protection).While a transfer to a person will cause alarms at the bank and prompt them to send a letter, a transfer to a trust will not.

You already know the cost of the replacement stove and your time.Don't include a service fee in your lease because you will discourage maintenance calls leading to more damage to your property that could have been prevented with cheaper prompt maintenance and repair.

And when prompted for answers, I gave my answers -- which you clearly do not like. 

Like too many people, I opened an account awhile back, introduced myself and promptly disappeared into the ether. 

@Zach Lemaster Thanks for the prompt and detailed response!

The landlord shall commence remedial action after receipt of such notice by the tenant as soon as possible but not later than the following time periods, except where circumstances are beyond the landlord's control:(1) Not more than twenty-four hours, where the defective condition deprives the tenant of hot or cold water, heat, or electricity, or is imminently hazardous to life;(2) Not more than seventy-two hours, where the defective condition deprives the tenant of the use of a refrigerator, range and oven, or a major plumbing fixture supplied by the landlord; and(3) Not more than ten days in all other cases.In each instance the burden shall be on the landlord to see that remedial work under this section is completed promptly.

Thanks for the prompt reply.Just to clarify,  you're saying that I can pay it immediately "after" my offer is accepted?