I wouldn't consider the opinion of the market that rates are trending downwards in the coming years either, the assumption of appreciation and rate decreases will get investors in a lot of trouble. 

Evaluate historical and current vacancy rates, aiming for decreasing trends.Demographics: For younger populations, focus on proximity to parks and schools.

I manage a short-term rental in San Diego and am considering integrating my in-laws’ STR under this operational model to reduce taxable income.Establishing an LLC seemed like a way to merge our business accounts, potentially decreasing taxable income from our STR by accounting for expenses from an added unit.

All major metros recorded monthly decreases ranging from 2 to 4 percent.

Will I be able to "capture" that depreciation to decrease my capital gains from the sale? 

Evaluate historical and current vacancy rates, aiming for decreasing trends.Demographics: For younger populations, focus on proximity to parks and schools.

This allows our buyers to purchase the property, make the necessary improvements, and then choose to either rent it at market rate or sell it.Selling a property without providing at least two exit strategies for the buyer significantly decreases our pool of buyers.Feel free to reach out, you could send me the numbers and I can give you my opinion on what would be a good deal to a buyer with keeping the tenants. 

Among the top 50 U.S. apartment markets, 17 with over 2.8% inventory growth experienced a 2.2% decrease in rents.

I would seek out another CPA in the meantime to see if there is someone else that will align with your taxable income, and you can benefit from using that person by decreasing your taxable income this year and going forward. 

Rents have decreased this past 6 months here so you may be surprised.