I know a few people who rent detached garages separately from the homes. 

Otherwise, they will abuse the relationship when they face a financial challenge.Tenants never want an increase in their rent, but winter might be a good time to increase rent as there is typically less inventory on the market and who wants to move during the Holidays?

What is the reason for moving?

Are they at the end of their lease or are they just deciding to move out?

Having a clear plan upfront is key for all of these moving parts.

Once you close, you can always move it into an LLC later if your lender allows it (like others mentioned.

I live Brooklyn where I own my primary residence (2024), and 4 long term rental units in California I purchased between 2017 - 2021.I’ve been asked to move abroad to London, and I’m wondering if there is any strategies to minimize tax on my US properties. 

🏡 Did October move the needle on anything....?

I just made a big move from Atlanta to Birmingham.

You can move back in January 2026, live there for 2 years and sell January 2028.