Trying to figure out if I can buy as individual and then transfer the asset to an LLC afterwards.

Ask to see a copy of the lease and look for the length of lease, current rent amount, tenant obligations like paying for utilities and adhering to house rules and look for Landlord obligations like things the landlord may currently being paying for (like trash and water)Make sure to have an assignment of the lease and clear language on the security deposit WITH interest shall be transferred to the new owner at settlement.Consider tenant quality - what’s their payment history looked like, obtain rent receipts or bank statements from the seller to review on-time payment history.

I would like to transfer these to another LLC where I am the sole member. 

Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.

Currently, they are posting to the loan liability account only: From the loan account > draw bank account as a transfer in QBO.TIA!

Also IRS may not allow to convert the passive income to the Active income just transferring the rental Income from Schedule E to Schedule C, you'd better to have a LLC as the management.

All the internal transfers are instant which is great.I set this up when I moved away from Bank of America.

Hello,Does anyone have any recommendations for an experienced attorney to set up and maintain a LLC for a rental property and that also does title transfers in florida?

It's incredibly hard to transfer "good will".         

Do we transfer ownership from our name to the LLC?