Even if you just use the 10 years since WF signed a lien release.

Be forewarned that if you reinvest the proceeds into an UPREIT, your defered journey stops there and you can no longer 1031 out of the trust.If you invested the proceeds into a DST, you would get a tax-deferred and passive investment opportunity, but you would also be able to do an exchange back into brick and mortar or into another DST and continue deferring the tax.

We put a significant amount of money for renovations and repairs into it.When time came to file our tax return this year our accountant said that because of the standard deductions, income, etc...that amount we spent on repairs and renovations was not going us help offset the income generated by the property as our deductions were maxed out.

The title still shows an open lien.

Heres my line of thinking to reduce property tax.

They don’t need to fight over crumbs, they now have a solvent owner who can be held accountable.It’s important to clarify that in Florida, HOAs are considered “super liens”, meaning they have special legal treatment.

WARNING: this part is only for tax nerds and fellow tax professionals.

A second lien is in my opinion preferable because if you end up paying it off you still have the 3.65% mortgage loan in place.  

@CArlos @Carlos Hennings what type of liens are no longer visible on credit reports? 

HOA will be on you, this is similar with taxes and insurance.Good luck!