With that, a surviving spouse that decides to sell will save on capital gains taxes.

I talked to a couple vacation rentals that don't really handle the STR and they aren't seeing much enforcement as long as you pay taxes on the income and not causing issues with the neighbors.

@Kelvin HeSome things to consider:Transfer Taxes: Some jurisdictions impose transfer taxes when property ownership changes, even if it's to an LLC you own.Due-on-Sale Clause: Check your current mortgage agreement for a due-on-sale clause, which might require you to pay off the mortgage if the property is transferred to an LLC.

For rentals, remember to factor in costs like renovations, property taxes, insurance, and potential vacancies.

It's likely best to jump on the phone with an expert to discuss this, but I'll leave a quick description below:Owner financing is a tricky issue for tax purposes.

My partner and I use the subject to language from the AIR CRE forms as an addendum to the REPC - UtahSubject to language for purchase offer - Utah REPCBuyer(s) shall take title to the Property subject to the following existing deed(s) of trust securing the existing promissory note(s):(i) An Existing Note (“First Note”) with an unpaid balance as of the Closing of approximately:Said First Note is payable at $_____________ per month,Including interest at the rate of _________ per annum until paid (and/or the entire unpaid balance is due on ___________ (date).

Also, when we asked if we could speak to three references of people who completed the program, we were told "no" due to privacy reasons and to instead watch the testimonial videos online.

I am unable to carry a bike due to multiple herniated discs in my back.

A lawsuit was filed by the city for delinquent property taxes.

One last challenge is their estimate of property taxes - they are all VERY low:(Michigan has some interesting property taxes because there's a Taxable Value and a State Equalized Value, as well as Homestead and nonHomestead millage rates.