@David Neubauer Forming an LLC is smart for liability but can save you taxes if get an S-corp.

It can be difficult when situations like these have to introduce new protocols.

Where can I post my rental property for sale here?

So, as you can imagine we have made a couple of moves throughout our career. 

Can you share some details on the deal...Which Chicago Suburb is the property in? 

I just attended the Bigger Pockets Conference and I discovered there were many books you can obtain through the Bigger Pockets website that might help you in your journey.

Currently, I am taking the first steps investing in myself and learning everything I can from the great minds who have come before me.

Can provide more info as needed.

If it’s a new purchase and the sale triggered a reassessment then you can certainly appeal it if you think they overvalued it.

Or if that’s not allowed sell it to a friend who will then sell it to my personal IRA at a discounted rate so when I turn 65 and sell the properties , I don’t have to pay any tax on all of my properties assuming I don’t sell them until they are in my IRA account…That is a prohibited transaction and not something you can do.