You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

The turn-key model works well for me as I am a full time CPA working at a large tech company in the SF Bay Area.

You'll probably want to enlist the help of a CPA/EA to help out with some of the gift tax reporting as it sounds like you may have some for the year you give them the money.

HI Bette,I am not a CPA, I am an investor myself and mortgage broker that focuses on helping with investor on expanding their portfolio in real estate.

IMO, if you want to leave your day job, your investments need to be high-cashflow. i would personally sell anything that's not giving you at least a 10-15% return on your equity, and 1031 into something that will be a little diversified but heavy on cashflow, like a 3-4 unit multifamily in a great STR and MTR market, using a few units for each of those two strategies. you can do this long distance easily & would 100% meet RE PRO status if you're self-managing a STR unit (double check with your CPA as everyone's situation is unique - this is not tax or legal advice). if you can buy a crappy one and BRRRR it, you could do this twice with the same startup capital from the 1031, and idk what your monthly cashflow goals are but that would put you in a pretty good position so long as you buy right!

I do intend to consult a CPA but wanted to have some understanding of possible options before I interview a CPAThanks AM 

These are all things you will want to discuss with your attorney and CPA.

@Ryan FoxAny CPA who gives you a numerical answer is making some assumptions, most likely generic and incorrect. 

So keep in mind that you'd need to replace that mortgage at new rates to correctly defer taxes (Although I'm not a CPA, ALWAYS confirm with one). 

You need someone who specializes in IRS representation and holds one of the two designations: EA (Enrolled Agent) or CPA.