You also avoid paying for a second appraisal.

Side note, here is a podcast episode I recently did with BP: Avoid Paying Taxes (Legally) with THIS Rental Tax Loophole Hi Sean, I have emailed you.

About 50% of the deals they find are off-market, which is a huge advantage for international buyers trying to avoid bidding wars.Since you are looking for long-term hold, are you leaning more toward Section 8/subsidized housing or standard market-rate tenants?

This will avoid winter problems with frozen pipes.- ALso see if UTL companies have a Landlord Protectoin Program that will auto-transfer to your name instead of shutoff.

Hey Rosalie,I'm a real estate broker based in NYC and Long Island, and there's more than one way to go about this:1) Selling the property with the current tenants lets you avoid the headaches of NYC tenant laws and keeps the cash flow intact through closing.

Avoid large national banks - they will make you regret trying to work with them if you do. 

From a liability standpoint, it usually makes more sense to reorganize and isolate the commercial building into its own LLC, with its own insurance rather than dissolving everything or changing ownership just to avoid a partnership return. 

So you’re not doing anything wrong.Given your call volume (≈1/month), I’d avoid anything heavyweight or “full platform” based.

I am trying to avoid a situation where the sale triggers an automatic reassessment/reset before the new entity is recognized by the program.

Most out-of-state owners solve this by hiring a local attorney, process server, or dependable property manager to post the notice and provide proof of service, which helps avoid court delays.