And she has international clients.

Since it is kept internally. 

It's the INVESTOR that either cash flows or Not.I do want to address something that seems to be a problem with most investors (if not all) who do not use Future Value formulas like the Internal Rate of Return (IRR) in a spreadsheet.Many Investors don't really think of Cash Flow as anything but your Rents minus expenses.HOWEVER, the reality is that Cash Flow is really something VERY BASIC.

It was my first home with my family and after having to transfer out of the city for work, the most reasonable thing to do was to turn it in to a rental.

@Jamie Briscoe Cash on Cash Return, there is an Internal Rate of Return however I don't have a strong grasp of the ins and out on calculating it at the moment but there is an article about it here on BP that I found:https://www.biggerpockets.com/renewsblog/2010/09/02/introduction-to-internal-rate-of-return-irr/

Is it cheaper to dissolve the company and re-create another one in her name or transfer (gift) ownership?

Set up a holding company LLCSet up a SLLC (Series LLC)Since securing a conventional loan on in an LLC is difficult, I should buy a house in my name with a converntional loanTransfer from "Eric" to "land trust"Transfer from "Land trust" to "SLLC XYZ"???

Whats the transfer tax ?

I anticipate the internal box temperature may reach 800 degrees.

Would also need our CPA to deal with international properties as planning to add a few to portfolio.