You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!

. - The 13 unit I went in on has been almost 2 years and still hasn't had the framing inspection passed- All my taxes doubled on my rentals, so now my cash flow has plummeted. - I've had multiple vacancies, including one where the tenant left after a year and cost me $6k in turn costs.

The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

Same tax situation and more likely higher potential to appreciate faster.

Work with a lot of expats and foreign nationals in this space tax related.

The accounting class will help you keep your books in order and understand your taxes.

You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years. 

I've done it at times, sometimes 6 figures, but always do it so that there's no tax burden on my recipient.

You know a similar thing happened in Kansas City (more specifically Jackson County, MO) regarding property taxes in 2023.

Tax Breaks- I am not an accountant, but I recommend conversing with one to see all of the benefits to owning a rental property.