@Brandon Hall did a fantastic job of explaining the issues with cost basis of LLPs, and is right on target that the sale of partnership interests are specifically excluded from 1031 Exchange treatment. 

My dad is in his upper 80s, he's not deaf yet, still plays his French horn in concerts.I agree with your points, be careful about pandering, many don't want to think of themselves as elderly needing special attention, on the other hand, others enjoy it and some feel entitled to special treatment.

There's no magic here.That said, rentals do have good tax treatment.

Of course you can automate this with a few visual basic steps, but it can be done in a few seconds manually as well.

I don't understand how the tax treatment has any bearing on my current cash flow.

Because you can put multiple tables on one page, and precisely control their display, Numbers makes it very easy to create a visually presentable business case presenting, with layers of detail.The table naming feature, and the default variable behavior allow you to refer to data in a file by a predictable naming structure.

Their emotional and mental peace of mind means much more to them.Some examples of our seller's stresses:- The older couple that wants to move to live with their kids because they can't care for themselves anymore- The single mother who does not want to be an owner anymore because she cannot handle maintaining the house- The man who just found out he has cancer and needs quick cash to move and get treatment- The retired couple who tried out investing in real estate but want to get their money out to open a storeEach and every one of these sellers walked out of our closings with a smile on their faces and a hug goodbye.We have all educated ourselves and deserve to get paid for our knowledge of how to structure these deals.  

Replace battery is necessary.(9) Test/Reset GFCI receptacles.(10) Test outside hose bibs and main shutoff valve.(11) Visual inspection of ceiling for stains.(12) Replace burnt out light bulbs for elderly tenants with no ladder.Then every 6 month or so I would do a few additional things such as wash down AC compressor coil; open the tub drain and bathroom lav drain stopper and tease out the hair down there; may be do a test load of wash and dry if I have some dirty rags in the back of my vehicle; get on the roof for a visual check, open the main sewer cleanout outside and shine a flash light down, and obviously I emailed tenants before each visit to see if they need me to look at anything. 

@John D.Are you asking for suggestions re: exit strategy - or about tax treatment?

The minute you deny a tenant, and they claim that you denied them because of their service animal, you now have to show your screening criteria to the judge and it has to give all tenants equal treatment, or it will he considered discriminatory.