Duplex - 4plex for sale in OaklandI own a duplex in West Oakland with a partner on BP.

@Charlie McClskie, The IRS does not like to see a taxpayer change anytime immediately prior to a sale.  

Would love feedback on a recent short sale I saw because there is something off.  

 $160,000 cash flow, with forced appreciation on my 4 others and soon to be 5 others after I sign final loan docs on Sept 9th, this upcoming Saturday on our newest 24 units in Akron and then we will be at that 109 front doors.After the sale of the 2 dogs, we will be 18 front doors less.  

If you want a lot of paperwork you will typically end up with a larger residential contractor, who has staff (sales and admin) on payroll to do that.

They pay huge commissions to their sales people and bank high profits.

His broker has instructed him to write our Agreement of Sale under me and my husband's personal names rather than our LLC as I expected.  

So, if you find a company capable of doing cosmetic repairs to the pool, I would keep it as a feature of the property for sale.

Hello good folks of BP,I have a problem on my recent property sale.

Now when we sell this subject property,  should we distribute proceeds to each partner of LLC and they handle their taxes themselves OR, should we first take the sale proceeds into the LLC which will call for capital gains tax and then distribute funds to all partners and then again they may have to pay taxes as their income for the year on the profits.What is the best approach in such scenario.