If you sell it, you get $250k single / $500k married exemptions from capital gains.Speak with a tax professional about how much you'll save in taxes by doing this. 

Joint tax return?  

My question is do I have to recapture all the depreciation for tax in 2025?

Now, this would obviously be negatively cash flowing since you would need to pay taxes and insurance.

In doing so, bear in mind that the cost and admin of a corporation is higher and that the tax treatment is different:1.

The contributions are lower so it takes a while to build, but once you do, it's tax-free investing. 

Your actual property taxes alone on that will be over $10K a year in 2025 and don't forget about that supplement tax headed your way.I would suggest keeping the others and maybe changing to LTR if that will give you consistent cash flows.  

Since the loan is still in your name, you can deduct the interest you’re paying to the lenderon your tax return... 

@Jeanette LandI always recommend using a tax professional.

According to our understanding:1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?