The main panel for the house has to be replaced anyways (wiring is good copper, but its a federal pacific panel which coincidentally I just learned about on a BP video from a flipper in the PNW).

Have you obtained a title report to make sure the foreclosing lender is in first lien position (and that there aren't any state or federal tax liens that could limit your ability to refinance or sell the property later)?

The Federal Reserve appears poised to raise interest rates by .5 basis points for two consecutive rate hike periods. 

I’d like to know what my taxes are roughly on both cap gains. may accountant said it would be around 420k for federal and 120k for state which would basically erase almost all gain. she used the base as 200k and the cap gain as 1.2mil which clearly is not the case. my calculations show 170k gain from first property and $475 from 2nd hence I should be paying cap gain taxes on 645k. if my accountant was right, it wouldn’t make sense to sell at all. any input I’d appreciated.

Inherently this is tied to the Federal Reserve rising interest rates.

economic data regarding neighborhood - current rent rates for similar sq ft, bed/bath count, locationcity certification for rental propertyannual taxescurrent leases- verified without any undisclosed verbal agreements, concessions, side agreements with any tenant regarding rent, renewal options, security deposits, payment of utilities, or any other aspects of financial terms of lease or rental agreement.current rent roleexpenses- for at least last 12 months - schedule E from federal income tax return. copy of current insurance policy and loss historyTenant security deposits on hand- seller verifiedcopies of entire tenant file for each current tenantcopies of every service agreement or contractCopies of all required governmental licenses and permits.list of all personal property included in purchase - equipment, supplies, appliancescopies of latest utility billing - does seller have any deposits on hand at the utility company and do I need to place a deposit for service?

On the federal level, issues related to housing and small business have been very politicized.

The credit allows the investors to offset federal income taxes for 10 years.

That is why the federal government targets higher inflation.

After all, workers understand that unemployment benefits do not last forever (the federal benefits will expire in the fall).