Also, in this case, it will probably be cheaper than renting and I will also enjoy all the long-term benefits of owning real estate. 

Just sharing here so other BP members can benefit.

We’ve already benefited from the rapid appreciation and from here on out, I think it will be flat or very modest growth. 

Our goal is to create a dynamic that both parties can benefit from and be happy.

I’m benefiting from being really close to the site of the soon to be finished Obama library. 

Further, each party to the agreement must be gaining some benefit.  

You might also want to look at the benefit of doing a Cash out refinance and getting rid of that LOC.

You cannot transfer the 1031 exchange benefits to another property, and gains are deferred, not eliminated.This post does not create a CPA-Client relationship.

Putting a property into an LLC before placing it in a trust is generally recommended because an LLC provides a stronger layer of asset protection against creditors and lawsuits compared to a trust alone, effectively isolating the property from personal liabilities while still allowing for estate planning benefits through the trust structure; essentially, the LLC acts as a shield to protect the asset within the trust from external claims.Consider getting professional advice on how to structure your assets to shield and protect the asset(s).

They approved work before the adjuster seen in with not documents or approval from me.