The ultimate tax-free transfer would be to inherit the property at a stepped-up basis.  

Seems like everyday a new $500 mil finance company is relocating here. 

I source properties for investors/myself all day, every day in Memphis, TN!!

When you turn a personal residence into a rental, you want to make sure you calculate your basis properly.Your basis will be purchase price + improvements made to the house since time of purchase(Assuming the FMV at time of conversion is atleast this amount).Best of luck!

It's a case-by-case basis)

Holdover tenancy is addressed by a significant rate increase for every day (I use 150% of market rent as that seems to be a reasonable enough number that a court would allow + costs associated with their refusal to leave) and I have wording that if I can't turn over the unit for any reason outside my control, I'm not liable. 

This deal was sourced through New Western and sold at a first come first serve basis.

This route will be limited to original purchase price as value basis and will be capped at 75-80%.

i have used rently on a limited basis. i decided to let my clients opt in or out of self serve lock boxes.

Do you feel QBO would be superior than a spreadsheet to keep a record of cost basis, capital improvements, deprecation, etc?