Talk to your CPA about doing a carryover but I would advise buying another investment property.

He would give you the same advise I just gave.

Please advise on what we should do?

However, most everyone here will advise you to NOT take your name off the deed if you will still be on the mortgage. 

Please advise.

Thanks for all your inputs and advises!

Hello all, 
I am a newer investor who currently holds two multi fams going really well. This post is for a friend who came to me seeking advice and I thought I could extend to this amazing community . 
My friend has...

Loans typically get paid back on a refinance or buy out period but if the property fails to gain enough equity within that period of time it can be a lost deal and painful.I would advise you to look into traditional or Non/QM financing where you use your credit score or income to buy the home.

@Chris Seveney this is in florida thank you for the advise 

Any advise greatly appreciated.