It gets even better because it's likely you didn't pay any tax on the $10,000 because of the depreciation offset and if you reinvest the principal and/or proceeds you can avoid paying take on the $25,000 gain as well. 

This is Texas. I lived in a condo for 5 years before it just sold a few months ago. How do I pay as little taxes as possible? I also have a W2 job.

Find the diamond in the rough that others are avoiding and see if there is a way for you to solve the problem no one else is willing to take the risk on.

I avoid condos for this reason personally, but I've had clients on the other side of the equation who were violating rental restrictions that they either didn't know about or didn't think were being enforced.

We've been mostly targeting conventional loans because we've been qualifying for low money down and want to avoid FHA if we can to increase our odds of our offers getting accepted...which hasn't been the case yet.

I am looking to avoid North/NE/East area of Philly due to my job location.I am very eager to learn and absorb as much as possible.

I am looking to avoid North/NE/East area of Philly due to my job location.I am very eager to learn and absorb as much as possible.

Check to see if her loan is assumable then you can avoid the down payment as long as you qualify for the payment.

I will do my due diligence to avoid making this same mistake... wish me luck

I need to figure out what updates to make to increase value to avoid it sitting.