Therefore, if you must use a CPA, at least do that much for them.Have fun and happy April 15th, or March 15th if you have a partner.

Our position up until March was to continue being over-leveraged as the worse that would happen is declare bankruptcy and start over. 

The average sale price has risen since then to just over $1.5 million this month (March 2019).

$75k will get you some great fixer uppers in B- and C neighborhoods in San Antonio.

Purchased in March 2019 Lessons learned?

I basically assumed that the money would be deposited in March. 

These 7000 posts on biggerpockets.com means I get a lot of non-qm inquiries, which I currently don't have anywhere to refer them now that I no longer offer as of March 2019.

Dates/$ are changed for ease:March 1, 2015: purchase property for 250k (no adjustments to basis)March 2, 2017: convert property to LT rentalMarch 1, 2019: sell home for 300k (no adj to proceeds)Depreciation: 10kI know that I am subject to depreciation recapture in the 10k but is it at 25% or at my marginal tax rate?

The Judge ordered them to vacate the property NLT March 31 and required they deposit rent owed for Feb. and Mar. with the Clerk of Court which was then given to me. 

@Vlad Denisov there is a reason $100+ million dollar work house multifamily funds are being created bc of the long term demand for this asset class.Sure the recession will cause values to dip but follow the cardinal rules and I still believe strongly in this commercial size multifamily B and C class asset 1.