Selling your share at fair market value could avoid gift tax but may trigger capital gains tax for you based on the sale price and your cost basis.In California, the transfer may also trigger a property tax reassessment under Proposition 13 unless a specific exemption applies.

Based off of the podcasts I am listening to and other property management professionals that I network with, that has been the experience of portfolios across the states. 

Nightly rates and estimated revenue based on all the other units in the area?

Lots of folks are pulling out cash based on the appraised value for their next projects and holding for a few years to benefit from appreciation. 

Based on experience, the existing accounts for the Quest Solo 401k plan can continue to be used and simply be governed by the new Solo 401k plan going forward.

My name is Zach Langley, and I’m a licensed realtor based in Dallas, TX.

A Title Company can distribute the proceeds based on the agreement, and consulting a CPA will help calculate tax liabilities and explore strategies like a 1031 exchange to minimize taxes.

My endgame is to end up with $300k/yr in post-mortgage income in 20 years based on investments I make now followed by continued investments over the next 10-15 years own.

I have used this method in the past and 90% of time has worked, perhaps I was just lucky, I'm not an attorney but based my thoughts on common sense and what I have read. 

I base my rents on the condition of the unit and the competition.