Getting a bit overwhelmed with all the required County Level and City Level business licenses, STR permits and Tax accounts (Business Tax, Franchise & Excise Tax, Sales & Use Tax) to register with the state.

@Shawn Questa I agree with you that there could be some opportunity here, but personally, with that little equity in the property, I'd wait for the pre-foreclosure process to start and  perhaps you can do a short sale (though I don't know the details on how that's handled in TX).

Was paid sales commission to sell it to myself.

My business is listed or sale so I am thinking if it does sell that the business would then just stop paying rent and I would still own the property.

They are two separate sales agreements. 

That will put us into the long term capital gains category on the sale. 

Demand is very high, both for rentals as well as for sale and this is probably not going to change.

Strategic timing matters, especially with multi-state portfolios.Real Example:Investment property sale in 2019Federal noticed unreported gainTwo states involvedTimed response to fall after state deadlinesResult: Only federal adjustment appliedInvestors: What's been your experience handling tax notices across multiple states?

@Mike Grudzien Happy to help on an DSCR and we also help train brokers in this program so they can speak on & guide better on it, Great product to have.

The biggest challenge we faced is the property's proximity to a railroad, which has proven to be an impediment to the sale.