We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.

I've used a third party management company for all of them, and have not seen any appreciable difference as far as how passive they are.

It helps create an aspirational experience and can make the home stand out in a competitive market.

The IRS views this as a related-party transaction, and deductions like rent paid to yourself wouldn’t qualify.

@Charles Evans Zelle and Venmo do not provide the same protections as a third-party rent payment portal.

Upon verification, the Landlord will pay you $2,000 cash, and both parties will sign a receipt acknowledging that your account has been settled.

nothing wrong with that at all as the property is being sold to 3rd party.

It's not hard to understand the disqualified party rules and prohibited transactions. 

Be mindful of a gift tax implications if you sell a house for less than FMV.Also be mindful of transactions between related parties when selling at a loss.

Quote from @Ricardo Lemus: Hi there,You guys probably went thru some of my post already and even help me with some experiences - Thanks a lot :)This time, after 6 months on this, I think part of my brain is saying that somehow I am in the right direction, and the other part is saying something is going on with the rent price I have set for my properties.