There are tons of other metrics to consider such as rental rate, job demand, growth, path of progress, taxes, schools, crime, and on and on.

Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.

We are also reviewing a company that can use it to scan bank statements and tax retturns to quickly sort where money is spent and if documents are fraudulent.

Just a heads up this will not be tax free, it will be a pro-rated exclusion.

Do we 1st do tax on the LLC and whatever we split 50 & 50 then each claims on their taxes ?

Especially if your son could then try to sell his primwry with the ADU under the sec 121 tax exemption I wonder if he could sell you the land?

Best to check with a tax pro to ensure compliance!

Besides lists from the tax assessor, how are you finding your deals?  

Can you either rent out your current property if there’s been little/no appreciation, or sell it tax free?

What do I do differently to "earn my fee"?