After closing, one of the tenants said that they gave the previous (before this seller) a security deposit and that the seller recognized that their deposit was transferred to him.

You do care, especially about the use of the money, but that’s a separate topic.Your loan expenses, such as wire transfer and loan doc fees, will be paid by the borrower and reimbursed to you from the closing statement.

The same analysis noted above does not account for settlement costs on the exit which is customarily 6%-9% of the sales price depending on local brokerage fee and transfer tax norms.2.

Anderson Business Advisors claim that this is a solid plan, but I've had a WY attorney also say the statutory trust will not transfer well to our CA properties.

Existing contracts transfer with the sale of the property.

I’ve seen vague listing descriptions where either the listing agent didn’t verify that fact or they were purposefully misleading by marketing those STRs as if the permit could be transferred to a new buyer.I certainly wish they could because it would help increase value of my home being able to sell the permit with it when I was ready to trade up.Hope this helps Andre!

Title transferred to divorced spouse 2.

We won't tell you.Additionally, this is a property with a large tax abatement last transferred less than 2 years ago with a quit claim deed.

Does anyone have experience transferring a rental property to an LLC from their personal name?  

@Hannah Potter Here are the things that many CPAs support their clients with:Understanding tax impact of short-term vs. long-term vs. flip before you buyWhich entity structure is best for goals and investment property typeTax and compliance on LLC or S-CorpHow to transfer property out of personal name into LLC (hard to buy 1st through entity)Ways to optimize taxes throughout the yearHow best to set up accounting to track income and expenses (doing this late is a mess)Feedback on property management systems, accounting systems. systems, etcEstimated payments to avoid penaltiesKnowing when to file and getting things in on timeMaybe a few things I missed, but this is the high-level ….. if you can get answers to the above questions on your own, plan, and file your own taxes then you can avoid the expense of a CPA.