My question is, if this borrower abandons the property and files bankruptcy, would I be responsible for the property taxes?

I'm looking to clear out my file cabinets and organize my tenant information. 

Tenant needs to file a hardship letter and landlord can still request a hearing under the governors new order. 

She claimed to have filed a law suit against the Real Estate agents stating that she was coarsed into selling her property and other charges including harassment.

Totally legal here, but would take from 2 - 6 months if the tenant files a dispute with the rental board.* My offer was for $650,000I did not think they would actually take the offer at that price, but was hoping they would counter.Their reply came back - NO, no counter and mentioned they would not do the eviction for owner possession either.The buyer in 1st position should have their subjects removed by Saturday the 25th.I will submit a revised offer of $700,000 on Friday 24th, so at least they know there is someone who is genuinely interested and hopefully they will counter with something.I believe the building needs $200,000 in work to restore it to about the same condition as my building. 

My accountant has told me that I will always have to file tax on this type of investment as ordinary income rather than capital gains no matter how I structure it.

I disagree that an amended return is required to be filed.

We gave them a 60 day notice to vacate (required in Georgia for month to month) and then filed an eviction when they didn't pay.

Also, most title companies (in larger counties) will e-file...especially if they're on the hook for the gap period.

Creating an alternative LLC just for passive just adds expense as you have to file taxes for that entity, etc.