Hello everybody,We purchased our 4th investment property and now we cant get a rental license because we are not compliant with Philadelphia tax center.

Your 2023 tax deadline is coming up.

Leaving me with a payment including taxes and insurance of about 1600 a month for another 30 years.

In addition, what will happen to the tax write off since both properties are paid off? 

For the District of Columbia, is there a template or any advice on what works to challenge property tax assessment increases?

It was not a 1031 exchange, so we are now calculating our taxes.

With a ton of equity, and by all means, we are wanting to take advantage of the 500k tax exclusion if possible.There is also a probability that we will move back into this home in the future, let's say in a few years or so.

If so, you get the personal exemption of avoiding taxes on up to $250,000.

What about Transfer Tax? 

If so, then it should be a tax free sale.