In San Francisco, this choice is taken out of your hands and is instead a determination made from and by the Planning department.From an Investment POV, you are absolutely correct that combining the lower and the ground floor units is the best option to preserve your ability to perform a fast track condo conversion and generate the most equity in the shortest amount of time.

You are correct that you still have the original 50k as depreciation recapture. 

Is my logic/approach here correct?

Hi everyone, I need help in transferring a property from my Fix n Flip, LLC to my rental LLC. I bought the property and rehab to sell. But I finally rent it out. So what is the simple way to put it into my Rental LLC?

Isn't it possible we're both correct based upon our experiences in different areas?

This is mostly correct.

That is correct.

I think you are mostly correct but here are some examples I have of going the opposite direction:I was removing a load bearing wall.  

.: The correct answer: every year based on the market.We analyze properties yearly and raise rents based on the cost-of-living increase, as a minimum.

Stick to the lease and provide the correct notifications.