Ask why they're selling and what they plan to do with the money.

It is an operating expense of the property, so yes it gets "written off" as an expense. 

Hello, Albert Lubin, the 50% rule is a general guideline used by real estate investors to estimate the operating expenses (OpEx) of a property as a percentage of Effective Gross Income (EGI).

Transferring Your LLC via Will:Review Operating Agreement: Check if your LLC’s operating agreement addresses ownership transfer upon death.Update Your Will: Specify in your will that you intend to transfer ownership of the LLC to a named individual or individuals upon your death.Consult an Attorney: Seek advice from an attorney specializing in estate planning and business law to ensure your will is legally sound and compliant with state laws.Consider Tax Implications: Understand potential tax implications of transferring LLC ownership through your will and plan accordingly.Notify Your Successor: Inform the person named in your will about their future role in the LLC and provide necessary documents.Please feel free to reach out if you need any further assistance. 

It sounds like rent by room will net the most money but still wont cover expenses.

However, @Bruce Lynn provided a great reminder to remember all of the expenses that could be included in your cost basis; again, a CPA advising you specifically would be the the best bet.

@John Kunick, I live in the Eufaula area, south of Tulsa and I'm looking for a great CPA who is an expert in Real Estate tax planning and advising. 

https://www.wyomingagents.com/I used this website for mine, pretty easy to use, not super expensive.

I have been reading up a bit on how to creatively to this and I havetwo LLCs that operate in separate industries that I was hoping to leverageBelow is the plan I have1.

have you validated the expenses?