I just have nothing to compare it to yet for a reference that holds water legally in FL.   

We’re trying to figure out how to avoid the short term gain tax implication of the sale since were in the highest bracket and that will basically eat into all of our profit.

Anyone know the legality of the “we need to leave her a key until she’s evicted” scenario?

Is that "Joint and several liability" something on legal rental form documents?

What is the legal and right thing for us to do as the landlord?

She kept the apartments maintained and heated (one one system and service now) but never rented and legally converted it to a SFH with the town. 

This is also more a retirement plan for us or we are looking more at the equity we are gaining (that others are paying).

I told him I can purchase the property as is, no need to fix anything. he told me he can't sell the property with that type of problem. im not sure if it has something to do with legal issues or if he just does not want to sell until he fixes that himself. the conversation didn't gave me the opportunity to ask this question at that moment.

Also on whether to retain the tenant or get a new one, it's almost always in your best interest to retain a tenant once you factor in loss of income b/c of vacancy period and then construction period for new tenant), legal fees, broker fees, etc. 

That leaves us with a decent profit.But, how do we know how much to set aside for capital gains taxes?