Question: If we move the house to a different location vs demolish how  would this affect the 1033 and capital gains tax.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Market rents from the appraisal and/or the actual rents need to cover the mortgage payment, property insurance, taxes and HOA (if applicable).4.

This allows for 45% of the effective rent to be spent on all your expenses (taxes, insurance, management, common area utilities, etc. - but not your mortgage payment), and gives you the net operating income (NOI).

So far, we've pieced along different elements of this (different tax person each year, no LLC to one to now 2 this year, haven't yet used a bookkeeper...)trying to streamline systems and have a solid foundation for our fairly new and growing real estate portfolio. 

For example, they can finance up to 70% of the ARV meaning, if you have a perfect 70% deal (purchase price and rehab are withing 70%) they will cover those cost for you.you will still incur closing cost, taxes, and insurance cost though for example.True 100% financing (ZERO out of pocket) typically requires solid relationships with private lenders or a combination of hard money lender and private lenders.

It will increase tax rates on STRs from residential to commercial, so from 6% to 28%. 

@Alanna ThomasIf you financed your property through a lender that escrows for your taxes and insurance - that stays in place regardless of what you do with the property (ie rent it out, etc).  

Property taxes are paid by parent A and parent B.The current deed states tenancy in common between parent A and parent B as married, and aunt A, unmarried woman.

So gift the proceeds tax free or put my name on house and sell it?