As someone in the industry with an established infrastructure, I hate to see anyone suffering this type of treatment.

I've always been told to buy & hold in the partnership, but do flips in an S-corp for cap gains treatment. 

If you want clients to have empathy for your situation with your company we would expect the same treatment back.

In the US you get favorable treatment both from a loan and tax standpoint.  

And real estate typically has much better tax treatment than the stock market.

And if you have your home checked for termites annually, any treatment treatment woud be covered by the vendor.

After the inspection, we sent a request with a mortgage contingency date extension (because it was also difficult to schedule this with the agent), a credit for termite treatment and an extension for the closing date which would allow one of the current tenants to move out at the end of this month (when their lease is up) before closing.

However, the tax treatment differs between short-term and long-term rentals:Short-Term Rentals (STRs): If you materially participate (work 100+ hours and more than anyone else on the property), you may be able to offset rental deductions against W-2 or other active income, offering greater tax benefits.Long-Term Rentals (LTRs): If your AGI exceeds $100K, your rental losses may be limited, unless you qualify as a Real Estate Professional (REPS).If you plan to expand your rental portfolio, consider an LLC later for liability protection and easier management.

some areas have septic tanks but the city or county pumps them regularly and then hauls the waste to the central treatment plant for disposal this is where leach's fields dont work..

However, you can defer taxes under §1033 involuntary conversion if you elect to reinvest the proceeds into a similar rental property within two years (three years if the government condemns the property or threatens to do so, and four years for a principal residence in a federally declared disaster area).To reduce taxable gain, consider:Electing §1033 treatment and reinvesting the full $300K into a new rental property to defer taxes completely.Partial reinvestment, where only the portion not reinvested is taxable.Properly documenting all replacement costs and property details to ensure IRS compliance.Using cost segregation on the new property to accelerate depreciation and offset future taxable income.Since the §1033 election must be made, consult a tax professional to ensure compliance and maximize deferral benefits.This post does not create a CPA-Client relationship.