The IRS generally does not allow switching back and forth between aggregated and non-aggregated status year to year.

It seems like they are being unprofessional and do not want to.The issue is that depreciation schedules are not given to the IRS when you submit the return.4562 which is used to calculate depreciation is given to the IRS but it does not factor in non-depreciable items such as land. 

The IRS has a guide on rental income and deductions that might help: IRS Rental Property Tax Guide.2.

It would be hard if it was just your son as the IRS might doubt it’s an arms length transaction.

They are currently on the IRS radar due to widespread abuse:https://www.irs.gov/charities-non-profits/conservation-easem...

We could be a great fit.I’d love to hop on a phone call one of these days and deep dive into this together.

@Clark Harbaugh, Given the favorable tax rulings over the last few years (in particular revolving around trusts and their equaling a beneficial interest in the underlining propery) the IRS has actually been much more lenient (or at least silent) on these issues. 

The IRS only requires that the QI be an unrelated 3rd party who's only role can be performing your 1031 exchange. 

However, the IRS will only allow a husband/wife LLC to be taxed as a single member LLC in community property states. 

•Adjusting bookkeeping records to align with Generally Accepted Accounting Principles (GAAP)•Analyzing financial performance and advising on business decisions•Preparing and filing tax returns (if properly trained)Credentials:•Typically hold a degree in accounting or finance•Some may have certifications like Certified Management Accountant (CMA) or Enrolled Agent (EA)Caveats:While accountants can generate financial reports and file tax returns, they cannot represent clients before the IRS.