We keep in a bank account an emergency fund of 3 months' expenses for all rentals.Financials: We currently own a primary and 2 LTR single families.

Upon the sale of the condominium, the capital gains on Person C's sale would be calculated as follows:A. 33.33% of the sale price minus the original purchase price to account for the interest acquired via quit claim deed on July 7 2015.B. 16.66% of the sale price minus the stepped up fair market value on 11/17/2020 as capital gains for the 16.66% remainder interest acquired on 11/17/2020 from Person A.C. 50% of the sale price minus the stepped up fair market value on 01/17/2023 as capital gains for the 50% remainder interest acquired on 01/17/2023 from Person B.Total Capital gains would be the sum of items 3A, 3B and 3C above minus any allowed deductions, such as the home sale costs (closing, repairs and so on).As an individual owned rental property, upon sale the only way to avoid the capital gains would be to do a 1031 exchange and then hold the new property that is purchased for approximately 3 years before selling it. 

They have no income, so they can't refi or HELOC to use their equity for their personal expense.

-based bank account?

More than a week later, the accountant called and informed me that the title company had sent an incorrect check- it had the accounting firm's name, rather than payable to the IRS.

So I think what you're asking here is how an appraiser would value your property. if it's five or more units, it is quite likely the appraisal would be based on cash flow and Rental income.

This lists all income and expenses per category.

I use commercial, specifically NNN, as the end of the line where I do the long term holds...because of the cost/income consistency. 

The $400 net does not take into account repairs, capital improvements or vacancy.

We are a double income earning family and bring in just under 10,000 a month after taxes.