Although consider your hold time.

Are there any financing challenges that are holding you back from scaling your real estate portfolio?

WE hit it off and shortly there after we are approved for a 3 mil dollar LOC for new builds and went on to do about 8 projects together plus 5 in FLA. 

Long story short, the shower surround needed replacing, and this was days before a new tenant move in.

If you’re working with a tax professional ask them to do a tax projection for you with one scenario assuming you sell all 5 today and the other assuming you only sold 2 today.With the tax projection you’ll now have a good estimate of what your tax situation will look like and can make decision based on that.Maybe you can consider selling your portfolio and doing an installment sale, this won’t help on the depreciation recapture but it would help spread the gain over multiple years.Each strategy has pros and cons, if you want to rip the bandaid off an be done cold turkey (or warm turkey if you’re into that) there most likely will be a large tax hit but less headache holding them longer.

Yes that is ok but first you should get a prequalification from each to see the terms they provide. 

Terms of mortgage4.

We are going to be buying property and building a spec home shortly and need to understand the pros and cons of doing this deal through an LLC vs. as individuals, from a tax perspective.

There are even more savings if you do the exchange from a state with state income tax to a state without them if you then hold until you too live in a tax free state. 

Looking to hold this as long term investment and rental income.