. $600 - $1,000 a month is enough for most of my renters yet the feds are handing out up to $5,000 per person in one month with no demonstration of need.This would have reduced the administrative burden and the amount of tax-payer money handed out.

It covers issues such as rental agreements, security deposits, prepaid rent, evictions, installment contracts, credit card interest rates, mortgage interest rates, mortgage foreclosures, civil judicial proceedings, automobile leases, life insurance, health insurance and income tax payments.

This post is being added for those who are buying a property at sheriff sale in PA and the property has a deceased owner, to be aware of the potential for a silent / undisclosed inheritance tax lien.https://www.biggerpockets.com/forums/580/topics/839134-pennsylvania-inheritance-tax-payment-for-a-sheriff-sale-property

It talks about all the material participation rules, and how to ruin a taxpayer's day.Having a W-2 job is likely a killer... but at the same time, if that W-2 is not material or if your reliance on that income is not material, then we say go for it.

Moreover, three-quarters of all audits are correspondence audits in which the IRS sends the taxpayer a letter in the mail asking about one or two issues.

Far too many taxpayers draw up their tax return in their head without a real plan.

So my question (which could have been clearer) is less about tax burdens and more of an ethical one of: which party should the tax payment originate from?

In my example of a $1m building, the taxpayer recognizes $1m of gain, much of that ordinary, and then maybe gets a $100k depreciation adjustment on the outside....so they are getting nailed with $900k of mostly ordinary income.

Though the software in theory should be doing the "best" thing for the tax payer 

@Patrick Rafferty, Any tax paying entity can do a 1031 exchange.