or it means (126'000 - 19'500 = 106'500 is my taxable income and I will get back 30% from this 19'500)

I have 1 rental.I haven't refinanced, so I don't know how long it takes to get proceeds, whether it's taxable, etc etc...Someone please give me insight. 

With ~3% depreciation on top of the write offs for  all our expenses, our taxable income is effectively zero.   

If the foreclosures start adding up, then it's 2008 all over again.Also, printing all that federal money for stimulus, will only bring inflation. 

It allows the property owner to exclude up to $250,000 in taxable gain if they are single or $500,000 in taxable gain if they are married as long as they have lived in the property for at least 24 months out of the last 60 months (2 out of the last 5 years).  

That will likely help make a decision whether to sell or hold. ie, how much of the money would be taxable if not for the 121 exclusion?

Federal unemployment is going to dry up on the 31st.

Hey @Dan RuizCentennial Bank in Little Rock are great to work with.also AR Federal Credit union.

Due to the Federal Reserve's absurd US Treasury and Agency MBS bond buying programs (which they plan to continue indefinitely), treasury rates, agency spreads and ultimately - interest rates - will be artificially low just as demand begins to pick up again.

Broker's Cut (varies on brokerage but starting out your split is not going to be amazing ~30-50%)Also commission are taxable income so also expect some of that as well.