Hi Everyone,Wanted to know the best way to do this real estate transfer/deal.My wife's parents own a rental property free and clear in an LLC.

Before that it was primary residence since January 2019.Do I need to sell it this October to avoid capital gains tax to qualify for 2 of last 5 years exemption for capital gains (up to 250K single, 500K married filing jointly)?

What do you folks use as online method (i.e Zillow payments )for rent payment which is free for tenants and no cost to me also.

I hope this helps and please feel free to send me a DM if you have any questions.

Cost segregation is not just a short-term relief from taxes, it can be a powerful tool used to optimize your portfolio.WHAT IS A COST SEGREGATION STUDY?

I also have heard that if you sell a home that is inherited through an estate you are not taxed.

They can verify your eligibility for the VA IRRRL and guide you through the process without the risk of dealing with potential scams.If you have more questions or need further assistance, feel free to ask.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

I asked my accountant if I can deduct anything in the property like depreciation and he said since nothing is in my name tax wise I can't.

This has been the way I’ve been able to buy 29 rental houses basically for free with no out of pocket money.