Over that time we have acquired 4 properties, 6 doors. 

Rent is paid on time, and no problems with the general inspections at the beginning. 

I actually joined Bigger Pockets a long time ago but haven't been around for a long time.

Hopefully someone with tax accounting knowledge can jump in here with more detailed analysis, but I looked at this a bit several years ago...1) You still have to pay the depreciation recapture on the sale decreasing the net benefit of this approach due to the large tax payment in the 'sale' year2) The LLC would need to not be a passthrough entity so that it can be taxed separately from you, so you have to add another tax return cost for the years going ahead3) Taxing it separately from you likely means corporate status and corp. taxation rates which are higher than yours and I've heard many times over the years to avoid titling real property as a corp...Overall from what I've seen this only makes sense in a select few scenarios, which for most people aren't in play. 

We love investing into properties that we can hold long term and we have been fortunate enough to have great tenants through our intense vetting process that stay with us for long periods of time.

Hey everyone,I'm new to real estate and I’m looking for feedback on a project I’m working on.

That will help a lot with resale and refinance values.I would also ask if you bought this through a real estate agent and if so, what the seller disclosed.

To thrive in real estate investing, you must maintain a firm grip on your finances.

Mom and pop selling for a fraction of the property’s real value or 2.

OK now imagine you did it 10 times in a row and all 10 times it landed on "heads".