We have a great interest rate, which is what is making us want to hold on to it, but it just might not be worth it when we can use the equity to get us in a better position. 

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

Investment Info:Single-family residence buy & hold investment.

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.

Instead, he insulted my profession as an ortho surgeon which indicates to me I was right about his videos. 

The rest of the program is all videos and can't access the library.

I used the proceeds of the primary residence I owned in NC to grow a portfolio of value add buy and hold here in College Station.

If I hold a property in an LLC (sole proprietor) can it be sold to an LLC that my son is the sole proprietor of?   

For example, population growth in certain neighborhoods and increased investor activity have created opportunities for both long-term rentals and value-add deals.If you’re torn between wholesaling and holding long-term rentals, I’d suggest thinking about your long-term goals.

Some other factors to consider - How long are you planning to hold this property?