However, it appears you not lived it in for 1 out of the last 5 years.You can decide to live in the house for the next 2 years and use the same strategy.You can also use the like-kind exchange that was discussed.Creating an LLC will not help in your case - if anything it will just add up some administration costs.SIngle member LLC or a multi-member LLC are "pass-through" so the character and types of gain will "pass-through" from the LLC to you and your wife.

I went to the park administration and I asked them about other properties in the park. 

If you could please prepare each of my properties for administrative transfer, and give me an YTD breakdown of the financials for each before our last day.

The GAO is not a court....It is a federal administrative agency.

So in case you're doing business in Canada, you should find a Canadian securities attorney and follow guidelines of Canadian Securities Administration (CSA).Good luck!

From the FHAA Federal Housing Authority:[Landlords are required to accept ESA requests] unless doing so would impose an undue financial and administrative burden or would fundamentally alter the nature of the housing provider's services.

So, starting with LLC and testing your performance would be good before electing S-corp because S-corp comes with little administrative tasks such as payroll and its own tax returns. 

You can take participant loans from the 401k, you don't need the additional expense and administration of an LLC to have checkbook control, and there is a built in-Roth component if you'd like to make tax-free investments.

@Jack Moreno Hi Jack, I created a series LLC after I had a handful of properties, which was a bit of an administrative headache.

That you could then contact the executor or administrator of the estate and gauge interest in selling the property before they list with a real estate agent?