It's hard to find an affordable duplex, townhome or condo that appreciates and someday you WILL want to sell.)In my experience it's best to buy your own home first, live in it awhile as short as 6 months, ( buying it owner occupied for the lowest down payment and best 30year interest rate: do an adjustable ARM, 5 year if you can get it.)

Age is usually not much of a factor and units built within a few years of each other won't have an adjustment for age.

I was hoping that an appraiser might be able to adjust the value of the property seeing as tho it is split ownership.  

Since we are selling it to the LLC and/or transfering it (as a capital contribution) Would basis be FMV or adjusted basis considering depreceiation? 

To have an offer accepted, one may need to adjust their Desired Profit; however, it should not be below $20,000, or what one feels is acceptable.

There are workarounds which would require your accountant to understand and possibly make some year end adjustments but it (QB) could be made to work how you want.

Shoot for 20 and adjust as you go.

I have to adjust the profit in order for the purchase price to change.

Option 1) Include the water and sewer in the rent and adjust the rent accordingly.  

Then you could ask them directly if being tenanted affects their willingness to buy, and whether they expect a discount (or are prepared to pay a premium) to inherit tenants.You would then be in a better position to adjust your own Offer price accordingly.