Sometimes it's not just the current person that earned them but a family legacy built on decades or hundreds of years of time and sacrifice.

With that being said, I personally know several people who've had tenants that stop paying their rent and try to hang around for as long as possible. 

Hey @Logan Barwick, I personally like option 1, but this depends on what your strategy is to grow your real estate portfolio.

Quote from @Dominic Mazzarella: Quote from @James Wise: TikTok is supposed to be shut down in the U.S on 1.19.2025 unless the Supreme Court blocks or delays the U.S. ban per Trump's request.I won't pretend to have any idea how the inner workings of the data collection between China and the USA effect the world, but on a personally business not, I like it.

Unfortunately, this problem waste a lot of my time that could be spent on other investments.I have used the same tax professional for many years and he is very educated, but also much older than me and it's hard for me to understand all the reasons he has expressed why is better to put the rental on my personal tax returns.

It's not a personal sale between you and your son, but rather a sale from one LLC to another.

Personally, my primary residence has appreciated around 6% in market value and I live in Levittown. 

This deal proved to be the perfect balance of financial gain and personal enjoyment.

I would start close to where you live personally. 

Appreciation is only a THEORY until a person SELLS, be it gain or loss.