So I do not have a tax filing with the rental income on it yet.

If you don’t pay the tax when you transfer the stock to them they’re going to owe the taxes on your gain and you haven’t really “paid them back”. 

As for income verification, I require the applicants two most recent paystubs and if self employed I need their most recent tax return.

The land assessment value is on the tax assessor's site in every county, but that doesn't hold a ton of relevance in my opinion.

Get a signed bill of sale including the furniture at closing for tax depreciation.Communication is key! 

If the signs point to selling, consult your CPA about the tax implications.

Note: Florida charges a hefty tax on rentals under 6 months. 

@tom shallcross summarized this well in another post and just inflate your numbers up for a $665k purchase price and $2300/mo per unit for rent.Borrow 80% which is like $3700/mo for Principal, Interest, Taxes, and Insurance.

Those non-cash expenses definitely helped us out during tax season.2.

planning to list them for 2024 taxes as 6 different properties and when rehab will be done , I will get all 6 deeds, can I sell individual condo and 1031 based on basis I will show?