It is a better coverage for the policy holder than "Actual Cash Value" (ACV).

@Cara NallCP2501s are frequently issued for "matching errors" and don't necessarily indicate an incorrect tax return.Generally the 1099-S amounts for rental properties sold are reported on line one of the 4797.The link you referenced merely contains instructions for TurboTax and doesn't clarify how the sale of rental properties were actually reported on your return.If the sales were reported correctly, a CP2501 notice can be frequently cleared up with just a letter explaining everything.It's not really possible to tell what's going on in your specific situation without seeing the complete notice and a complete copy of your tax return. 

If you intend to be mere investors and TICs, then a gift from your son to you or a sale might be appropriate. 

I pay a mere $600 a year to cover the interest on the student loan.

With that, I view this strategy as POTENTIALLY paying real money up front for merely delaying a tax burden. 

Even you don't have a generational talent, mere exceptional talent could get you pretty far.

I was merely repeating the stories I’ve read and watched on YouTube from here plus the podcasts.

Just so you know, vacant lots will command a mere fraction of what most of us investors need.

There's a difference between a sophisticated investors and merely an accredited one.

I’ve seen plenty of full time agents that are just as incompetent as you’re trying to make him out to be, merely because he might be part-time.