As for learning how to increase your current cash situation you should listen to the BP Money podcast. 

Secondanly I’m fully capable of closing with out a problem im only curious about speading my money in situations where i dont have to sir.

Thanks— yeah, that seems to be my same situation!

@Sam Ojo this sounds like a broken condo deal—which is a situation where an apartment complex has a condo map and some units were sold but not the rest.

I've got a bit of unusual situation here and am wondering if any folks (perhaps attorneys?)

Here is the situation.     

You are in a bad situation that is likley only going to get worse based on your assessment of the HOA.

Here is more about our property and situation if you are interested!

Now that is the more common sense idea on the situation but we all know how well laws are written so talk to a local attorney. $300 for piece of mind isn't that bad.I personally would not let the implied threat of him flooding you out affect your decision to sell.

Spending an hour with a CPA who understands your overall financial situations would be time well spent, but there are some general rules of thumb:If you hold the asset for less than one year, your profits are considered short term capital gains - which are taxed as ordinary income at your standard tax bracket rate.