There were a number of issues, but the big one was a "repair" charge they lied about.

Quote from @Jason Burkart: Quote from @Linda Weygant: A few issues come into play on this.1. 

PayPal, Tesla, Space-X, Star link....

We have two main issues that I will outline below: HeatingTwo heating systems in the home.

This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.

They will issue an IRS Form 1099 in January, reporting your total taxable income to you and the IRS.

We use an emr known as synkwise to document patient and business related issues such as compliance issues and certifications for our caregivers.

To avoid issues, hold the property in the trust for a year, ensure the LLC is properly structured, and consult a CPA or 1031 exchange expert to confirm compliance with state and federal tax laws.This post does not create a CPA-Client relationship.

The really glaring issue to me is the rise of the SUB TO Guru's not only are they going to take money from these students. 

However, our tenant turned out to be problematic—late payments, issues that led to an eviction, and additional repair costs before we could relist the property for sale.Now, after months of making mortgage payments out of pocket, we finally have an offer.