PM me, I have a 1st NPL in SC I am selling off and may have others soonNo second, taxes current

It will be almost impossible to lose the property and the cash flow will still be at least slightly tax advantaged because of depreciation.

It will cost hundreds of K just to get it operational...Insurance, property taxes, plenty of carry costs

Favorable Tenant/landlord laws, no income tax, low property tax, consistent job growth, tech coming in, etc. 

When you sell to your new entity vesting your title insurance is no longer valid, and you owe transfer taxes. 

You should consult with an attorney in your state to make sure that you are using the best asset protection strategy for your situation.Your budget: The cost of asset protection can vary depending on the type of protection that you choose.

It's one thing to never fall in love with your properties...however, I do fall in love with the tax rate on some of my legacy properties purchased right after the GFC.

You may want to consult with a real estate professional or an attorney to get additional information.

I agree with @Mario Dattilo and Roger D Jones.I think the only thing that I would draw emphasis on is what Mario said because unless it has a separate tax ID number it is not an apples-to-apples comparable.

If heirs sell for same price, no taxes.