Quote from @Brittany Kelly: Quickest way to put single family home rental into LLC.

I just didn't know if there was a better way to go about it. 

Hello, happy to connect and talk shop.

Your best option may be to increase the rent to cover the additional expense.

I came across some critical information today that I think is important to share with you:In the aftermath of the LA fires, it has become evident that some homeowners’ insurance claims have been denied or disputed because the property title was held in a trust, but the insurance policy was under the individual homeowner’s name.This serves as a valuable reminder to review your insurance policies and ensure that the ownership structure on your property title matches the named insured on their policy.

At death, the property gets a stepped up basis.  

You are competing against other owners who have a much lower basis and/or debt cost to cover. 

Bit of a long story, but my partner and I are trying to purchase a property from a family friend of mine and we're having trouble locating the last seller.

@Michael DavisWelcome to the forum!

At the end of the day, cash flow was similar because I now had mortgage payments.