It is possible that I’m just overlooking the obvious.So this deal is for 2 4-plex apartment buildings that aren’t connected, however they are identical and share a small parking lot.

@Cody Evans  As an agent you will need to begin building your identity as a trusted advisor in home sales and purchases. 

Aloha @Zasha SmithYour folks situation sounds identical to ours.  

They have a  test prep course that comes with the classes, and the questions in the test prep are nearly identical to those on the exam. 

You will be exempt from 1/4th of the gain up to the limits of the sec 121 exclusion assuming that all units are identical and your accountant set up the depreciation schedules with those equal allocations.2.

These houses were built by a company and are all on its own private street and pretty much identical to each other.  

It would be hard to prove that you are treating the asset and the LLC as a separate entity, thus benefit from its separate identity.  

Here is my latest dealDuplex 2 bd - 1 bth identical 1500 sqft 2 garage hardwood and vinylBuilt 1961Rent 800 moCentral coolingHeating forced air1200 sqft basement unfinishedBoth units Currently occupiedSeller Asking price is 135,000Doesn't need much repair maybe cosmetics How much would you offer?

Some people make good landlords, some don't, identity that.

It will not keep their identity secret.