Tax efficient gifting of investment property...?

[Bruce D. Bolton]

My dad doesn't want to deal with his 7 rental homes anymore but wants 7% return. He would like to give them to my brother and me. My brother and I want to keep them as rentals and not convert these into other assets. What is the best way to do this tax wise? (Like a long term c for d? Or a corporation? Or quit claim deeds) Family dynamic wise?