You'll also want to confirm that the transfer is being done in a manner that does not adversely affect you for property taxes. 

The sum total of taxes of each of the 4 units will usually be higher than if it were apartments.

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

Additionally, high-income earners with modified adjusted gross income (MAGI) over $250,000 (married filing jointly) may be subject to the 3.8% Net Investment Income Tax (NIIT).For 2025, bonus depreciation is at 40%, so consider leveraging it for eligible property assets like appliances or fixtures to accelerate deductions.

No state taxes, high appreciation, Economic and Job growth, Population growth, etc. 

The surplus line broker shall collect the Ohio tax of five percent of the amount of the premium for the insurance policy at the time the insurance policy is delivered to the insured."

As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.

Comps, vrbo/airbnb and finally pinterest is your friend.

From a tax perspective, you'll want to take what you paid for the property plus calculate the improvements you made to the property during your time of ownership.

Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.