Anyone have any experience with transferring a Flagstar Bank mortgage into an LLC?

Gordon is the owner, I doubt whether he could completely hide behind his LLC to protect personal liability. 

Depreciation recapture applies at ordinary income rates capped at 25%, increasing your tax liability.

Legal Entity Considerations: Should I hold my rental properties in an LLC or trust for liability and tax benefits, or does it not make a difference for me?

Just be sure to clarify that she isn’t a leaseholder but is authorized to reside in the unit.If you’re concerned about liability or want more peace of mind, you could ask the primary applicant for additional security, such as a higher deposit, depending on what’s allowed under Colorado law. 

Obviously they are putting more pressure on out of state investors that invest within Cleveland proper, but spreading liability to the property manager is a new twist.

That’s something I’m still fine-tuning as I explore new areas.As for scaling up, my focus right now is on leveraging tax-efficient strategies and building a system of limited liability companies (LLCs) to keep risk compartmentalized.

If so, you'll want liability coverage, which can only be provided by the owner's insurance policy.You want to be INSURED not just have in Interest (which only alerts you about policy changes).

(been working and succeeding since 2008 or before, someone you have experience with, good returns, close to 5yr investment?)

I know this is probably quite rare, but if anyone has any experience in this, any advice will be appreciated.Thanks,Gene