Based on the advice on taxes though, we could change our decisionAppreciate the help.Out of the two opinions below, which one is correct?

If you have rental income, do you already have your 2023 taxes filed? 

The land was owned by The State because tax delinquent.

Property: HereComp: Here (Sold on 8/1/2022 same street)84 Grangerford Hts, West Henrietta, NY 14586Listed : 100kHML at 80% of ARV (240k) = 192kInterest only payments (10% interest)(192k x .10) /12 = $1,600/monthPoints = 2 (192k x .02) = $3,840Loan origination fee's = $1,000Additional monthly holding costs:- Taxes (5k/12) = $416- Insurance = $60- RGE = $120Total monthly = $596Duration of rehab = 6 monthsInterest only ($1,600 x 6) = $9,600Points = $3,840Origination = $1,000Holding costs ($596 x 6) = $3,576Total Holding costs = $18,016Loan amount of 192k:Subtract:- Purchase price = 100k- Closing costs (4%) = $4,000- Rehab = $50,000Totaling = $154,000Remaining balance on loan= $38,000Sale at $240,000:(-) (Realtor fee's (6%), closing costs (4%)) = $24,000(+) $38,000 Remaining from HML(-) Holding costs ($192,000 + $18,016) = $210,016Profit ($240,000 + $24,000 + $38,000 - $210,016) = $43,984 - (capital gains at 22% completely estimated) = $34,308Buy and hold:Appraised at $240,000.

If not, maybe ask for slightly more interest or fee, knowing that you'll have more time and cost involved if you have to take the property back.Is the buyer going to pay you monthly payments of 4166.66 for 24 months, or is this a smaller payment with a balloon? 

So, where can she move her money after selling in order to avoid capital gains tax?

Lower fee in lieu of more deals?

If I manage the property on my own next year (2025), will I be able to change the depreciation to bonus depreciation when I file my 2025 taxes and get the tax benefits of bonus depreciation?

It’s also important to sit down (or have a virtual meeting) with your accountant on a quarterly basis to review your financials.Tax deductions are maximized.Ensure you’re getting proper tax planning done throughout the year, so you are minimizing taxes.

Should I pay state tax on the one that shows positive even though the entire portfolio is at loss?