If person were to sue for damages, it would be tough to cross the $1 million mark.

Although I haven't decided to hold these properties indefinitely, there isn't really a reason I can't just let them pass through my estate and then under current law all the taxable gain goes away and no significant transactions cost are incurred.

They've done a couple of tough transactions for me. 

I do retail value add.As a principal commercial broker I make a good amount of money transacting as the retail buyers broker.So when I do a syndicate the return for me has to be high for my time with equity upside.So an example:Let's say I close 14 deals a year at 70,000 commission a year.

I’m pretty certain FHA would treat them as separate loans and separate transactions.

Fingers Crossed 🤞🏽

Snowball effect in full force - esp with dual W2 401k maxout and the recent bull run.I check it regularly, mostly because I also use it to track our CC spending/transactions.

Also, if either of us wanted to transfer full ownership to one of us later on, will that result in a taxable transaction?

(Disclaimer:  for those of us who have no sense of humor, this was an attempt at humor and no way should be construed as being in any way discriminatory.)According to the article:"It doesn’t apply to sex offenders or people who have a criminal conviction that, after an “individualized assessment,” shows that denial based on the conviction “is necessary to protect against a demonstrable risk to personal safety and/or property of others affected by the transaction.”You'll have to obey your local laws, and do an 'individualized assessment'. 

Tenants have been paying during all of the recent craziness (fingers crossed that doesn’t change).