@Colleen Prescott with all due respect and whatever to the author of that article, I think they should go back to whatever school they attended and demand a refund.  

They screwed you now it is time to exact some revenge.Funny thing is that most landlords believe they have a relationship of mutual respect with their tenants.

However, there must be a disposition of the entire initial investment (since the Code expressly prohibits the making of a deferral election if an election previously made with respect to the same sale or exchange remains in effect)Making the ElectionIRS expects the election to be made of Form 8949 attached to the federal income tax return for the tax year in which the gain would have been recognized.

We respectfully let her go because we felt uncomfortable without representation by a neutral third party who could evaluate the deal without prejudice.We decided to just start over and let that deal go, starting fresh with a new listing agent.

And with all due respect to @Stephanie Irto, buying ANY investment property is not a "retail" purchase. 

There's an enormous amount of information there.As I mentioned above, Mass Housing and FHA are the two best programs for low down payment at 3% and 3.5% respectively. 

This is truly one bridge I have never crossed before and this will myself and @Jason PowellIn appreciation and Respectfully,Todd Powell

@Christopher TritchI respectfully disagree with my colleagues.

I have never actually terminated any of my roommates' leases, but I have been lucky with respectful tenants.

I generally agree with your posts and respect your advice/opinion, but the CA bashing is uncalled for.