I would not sell every $250k gain based on that alone. 

Rather, it's set by what the CPA believes that their time is worth based on the services that they provide. 

At least up here, service is VERY important and VERY complicated, so you and/or your attorney need to make sure that you cover all the bases. 

I would recommend you get a strong team around you, a good realtor (mine helps me with things sometimes regarding property I currently own), a good attorney, an accountant, a bookkeeper, and a property manager.

You can "split" the properties and determine the value based on a formula of your choosing.

The contract had that Assign clause (they stated that allowed them to list the property on the MLS).The only clause they have in there to keep extending is based on open of escrow- which never happened.

Based on personal Experience from BP Members...Any feed back will be highly appreciated..  

Hi @Andrew Rellinger,Based on the information you provided, the "make or break" for this rental is not going to be where or not you change out the carpet.

Property tax is a very local issue, and the details of particular problems can vary widely based on the statutes in that state.I'm mostly wondering what issues people have run into , and if they've hired outside help to deal with those issues.

I wouldn't necessarily be uncomfortable with that (I would actually be so proud haha) since coops are community-based complexes so their primarily reason for checking the background and financials is to make sure all their neighbors are in a good standing.