E ? 

Purchase price: $276,000 Cash invested: $50,000 Sale price: $512,000https://www.redfin.com/AZ/Phoenix/3832-E-Waltann-Ln-85032/home/27493304What made you interested in investing in this type of deal?

Hello, I'm looking to transfer my property, currently paid in full, into my LLC.

But you'll only need it if she refuses to move ( which is a possibility as section 8 is hard to transfer) Talk to a lawyer. 

To report this, I fill out Schedule E which will show the total loss (negative value) which then transfers to 1040 Schedule 1, Part 1, Line 5 as negative.

I like @Lynnette E. suggestion of buying a used (basic) fridge.

California doesn't use attorneys to transfer, we use escrow and title.

@Adam VendittiYou may have been better off staying in the house until the 2 year mark being eligible for section 121 exclusion.The tax on the excluded gain would prolly have been close to $10,000.With that said, if you sell for $310, you may expect 10% of the selling price to be gone with fees & expenses(seller agent fees, title work cost, transfer taxes, etc).

Finally, don't put much stock in metrics like 'views' or even generic e-mails from potential tenants that ask if the property is still available.

We finally were allowed to transfer our loans out.I know first hand I am not the only one who has run into this issue with this servicer.