Thanks @Evans Wright,IMO, that strategy is the best long-term strategy for part-time investors. 

Cash is really not what will matter here, as @Linda Weygant mentioned the intent of the property, basis, and sales price ultimately do

Originally posted by @Tara Wright:@Jason Gines Hey Jason, I’m looking at RS for my first property.

Beware of scum like this.......LINDA MCKISSACK,free webinar teaching you by and hold blah blah....No information .....Wait for it for a couple thousand you'll get the information.TOTAL CON .......I lost 1 hour of my life to this.

Either way, meeting with her definitely amped up my search on financial independence and I stumbled across a podcast from bigger pockets featuring Linda McKissack and her journey.  

Originally posted by @Linda Weygant:Yes, this is correct.  

A third option I've heard Linda McKissack discuss in a BP podcast would be to simply split the two properties off.They get one and can move forward as they choose you get the other.If they are comparable in income and scale that might the the best option.As others have mentioned...Your first stop is getting a CPA.

I have never seen a contract like this personally, so I didnt know if there was something standard, or if a lawyer winged it and put whatever they want in there.But also like Michael said, I would hate for there to be anything in wrighting leaving it to oppinion.

Originally posted by @Linda Moore:I think we are Morrised out for awhile😂you need to get with lance Kawakami and some other lady.. you guys could be triplets. 

@Joshua Wright, I am wanting cash flow.