I personally would put my properties in a LLC. 

There are several things that come into play with determining if a property sale is capital gains or ordinary income. 

A good indicator is the property tax rate (Rocket Mortgage).

I believe they eventually sold for a huge profit and 1031’d into a larger property.

There is no home built on the property, and it is not zoned to have a property.

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

I would reinvest in a another property and use a 1031 exchange to detour taxes.   

It's a great returning property. 

The due date for 1065 returns is March 17th this year.Yes, you can deduct all property related expenses on the 1065 return. 

Hey Sophia,It seems like you’re trying to decide between keeping or selling your rental properties.