The refinancing of loans would help but with a 1.5 yr timeline to pay the loans off the effect wouldn't be too material correct?

In fact, here's a recent article where NAR is quoted as saying "like-kind exchange transactions are fundamental to the real estate investment sector, and repealing the tax provision would have negative effects across real estate markets and the industry".I'd say don't worry about them going away any time soon.

Both daughters held title until 2005 and transfered property into the mothers name so she could get a reverse mortgage.The mothers will, which was recognized by the court, gives the property back to the 2 daughters after her death.The problem:The husband, the person still living in the property, is claiming ownership and refusing to let the daughters into the property to collect their mothers person effects.

Only after addressing expenses I'd look at selling the condo.

This issue of real estate dealer vs. investor has been brought up many times, but none of the forum questions I can find seem to address my particular situation.

But on the POF letter theres contact info with an office address and web site.

I have just recently had this issue addressed.

I would venture a guess that a slight cooling of the market or change in real estate (natural market cycle) would effect the higher priced homes first.  

Apparently entering your home address on ZeneHome will be able to pull all things relevant on your home -  from what you should be truly paying for prop taxes to every permit ever pulled on your house. 

Sure there are defects such as the loan is non performing currently or there are other issues to be addressed, but remedying those are what adds value to the loan and makes it salable or a cash flow stream to tuck in your portfolio.