The seller's LLC pays capital gains tax and depreciation recapture, while the buyer's LLC uses the purchase price as the new cost basis.

Travis, you’re absolutely correct, and I truly appreciate your insight.

Thanks again for the insight—I’ll definitely keep this in mind as I keep moving forward!

It's essential for me to acquire these skills as I navigate potential roles in the real estate industry.If you have any insights, recommendations, or perhaps know of specific training programs or resources for learning Yardi, I would greatly appreciate your guidance.

It’s a gem for insights into running and expanding a business.

It takes time and patience, but the long-term benefits are well worth it.I’ve personally gained invaluable knowledge, listings, and deals from friendships I’ve built over the years.The more people you engage with, the faster you’ll achieve your goals!

If you’d like more insight or help with specifics ( zoning, pros & cons, builders, etc.)

It might cause me financial harm as I have to sell more stocks and might pay short term capital gains vs long term capital gains.

Quote from @Tayvion Payton: Hey everyone,I'm evaluating a multi-family deal and could really use your insight.

I appreciate the insight!