You indicated that if they had informed you of the impending sale, you would have resolved the tax issue.If the property had not been razed, it's likely that some recourse could have taken place but if it's gone up in smoke not sure there's likely to be any meaningful resolution unless you prevail in a lawsuit against a government agency which is an uphill battle.

I apologize if someone else pointed this out, as I have not read every response. 

@Clay Lehman Apologies for the delayed response and yes, fortunately my brother was able to get the unit rented before the end of the year by "word of mouth".

Oops Yes i Did forget condo insurance I apologize - which is $1100 per year total (Blanket insurance provided through homeowners dues).

got calls from neighbors about parties, kids peeing outside, cops were called...neighbors finally had enough and broke into the house, stealing the tenant's ipod, computer, and car...when i asked her to leave, she had no problems, knowing she trashed the place...however...daddy soon called demanding the deposit back...i don't think he knew what a partygirl his daughter was...the kicker was the next week she moved into an apartment complex and was kicked out for parties as well...long story short..apologized to neighbors and assured them i cared about their community..have a nice family in there now..it's nice driving by to check in and seeing them outside planting flowers or doing something good for the neighborhood!!

Its ok to ask for a refresher due to the fact that you have sent out quite a bit of inquiries, apologize if you will but you need to know what property do they own.

My sincere apologies if what I wrote remotely reminded you of Amway or anything like them.

Also I apologize if this topic has been covered extensively already, I'm relatively new to the forums here.

Apologies for the edit - my original post did not account for the reduction in basis due to depreciation, which is honestly the silliest mistake I've made in a long while.

I apologized for posting incorrect information.