Some factors to consider are appreciation and tax strategies.

But I read that there's downsides in doing that just don't know exactly what- capital gains tax, etc. also I was told to open up a new LLC and use my current LLC as the manager.

When I look at the equity and the 15% Capital gains tax bracket I would likely be in, I would avoid ~$24,000 in taxes if sold before Aug. 2025.- I am aware of my 1031 options should I want to sell and defer taxes beyond that 3-year date (and would need to continue to do so until death if I wanted to avoid those taxes instead of just defer them). - I believe the current rental situation I have is better than the property warrants.

For tax purposes, you really just need to have everything aligned to the schedule E categories. 

$60k profit pre-tax.

Tax credit 45L for a 90 unit or 112 unit project? 

Do you work with any specialty tax firms to help us small business owners get access to R&D tax credits, cost segregation and other specialty tax credits?

It's a ridiculous mandate by the legislators who thinks they'll save the environment on the back of tax payers.my point stands.

At year end you’ll get a summary and a tax form.

What you owe doesn’t affect how much tax you owe.