That by itself will be a large tax bill unless you do the 1031.Hang in there on your sale. 

Gross income: 55,800 Taxes: 5040 Insurance: 2400Mortgage: 26400, term 15 years Total fixed yearly payments: 34,740Water bill: 2000 Maintenance/garbage removal: 4000True net: 15,060I forgot about garbage removal in my first post which is why the true net number is different.

In Allegheny County, when a home sale occurs, it seems like the county automatically reassesses the home for the new purchase price.  What happens when a home is sold at a fraction of the assessed value?  Does the cou...

Once people go back to work and all those bill forgiveness programs are ended we will see who can still afford their home and who will NEED to sell. 

@Bill KrenzI'm out of state.

Lot of demand and not enough supply.2) Utility bills ( especially if you have electric heat) is very high.

I want to make sure that I am not causing stress, but it is a business and we have bills to pay on rentals.  

Originally posted by @Bill Goodland:Hey man, I’m a PA too.

If the water/sewer is separate, sometimes trash is part of that bill so they would each pay their own.

Anyhow, if I start a handyman company, for the sole purpose of working on my own properties only, my brief conversation with my tax guy said I could then bill myself, from my handyman company, for the labor.