These laws essentially state that if you sell a controlling interest (the % is defined in the law) in a business that owns real estate then the transfer taxes are still due... and collectible once discovered.So see how this plays out.

Our coach did an amazing webinar on this called "Tricks Syndicators Play to Make the Numbers Look Good" - I can't post a link here but shoot me a message I'd be happy to send to you.

I will be playing around with those tools for sure.

I need to move the property to an LLC for the lenders and want to consider all the factors in play including what type of corporation, setting up the units as condos and possibly using a trust as I think ahead to my son's inheritance.Too much info? 

There are a lot of variables that can go into, but in general I believe supply/demand have a big play in it, especially within the current market. 

Everyone else’s rates will look the same way so level playing field.

Don't play around or try to figure it out on your own because that's just as likely to fail or cost you even more.

Their personal income and statements will come into play, but many lenders I work with won't lend to an LLC with more than 2 members on a bank statement or Asset based loan. 

This could be a power play for you, but unlocking the equity and increasing return.I understand turn overs can be a pain, but in a situation like this, there is considerable upside opportunity for you.

This is where the relationship part of the process comes in to play.