Or can they simply transfer the funds to my account?

@Vinvi Gucci, a few questions/comments:I would think YOU (and your wife) through your LLC should be getting a loan buy/refinance the house AND transfer the deed solely to your LLC at the same time.

The capital gains ($975k) can be used in a “like kind” 1031 transfer for another property.The person who buys the property from you can depreciate the bucket over 28 years plus earn interest on it’s contents while it’s in the bank. 

They are closing the gap, and usually offer bill pay, online transfers, mobile deposits, and the other things you would expect.I do highly suggest Amex for business credit cards.

You forgot to put your state in your profile or your post so people would know if you are in a community property state or how much it will cost you to transfer ownership from your wife to your LLC.  

My wife, Magdalena, and I work together to ensure our clients have a seamless and successful investing experience.We pride ourselves on being quick and efficient in handling deals and are always available to assist.

Lessons Learned:Effective Marketing: Strategic marketing quickly attracted buyers.Local Expertise: Partnering with Archie Ragland, who had local market knowledge, was crucial.Whole-tailing Efficiency: This strategy proved effective for quick, profitable transactions.Challenges:Market Timing: Pricing and marketing the property correctly to ensure a quick sale.Coordination: Seamlessly managing the process from securing to selling the property.

When you assume the loan, unless you transfer the eligibility to yourself you are working off of the vets entitlement, so as long as they have met requirements you are good to go.

Collaborating with Jeff Dildine, who sourced the deal and negotiated terms, we ensured seamless progress.

Collaborating with Jeff Dildine, who sourced the deal and negotiated terms, we ensured seamless progress.