@Patrick NuciforoIn general, assuming that you have not elected to be taxed as a corporation, and you are the sole owner of the LLC, the entity is disregarded as an entity separate from you.  

You'll want an attorney presiding over the transaction.That said, I strongly urge you to seek training before proceeding.

I spoke to the president, and had a negative experience.  

@Brian HumphreyI coach new real estate investorsGo to a Reia president and ask for a lawyer referralBorrow some money to pay for the attorneyAsk for paperwork for buying on a -lease option assignment-Sub2-Wraparound mortgage-Contract for deedSearch on Bp these topicsGood luck!

If you use it for any personal expenses it will not be deductible.Interest on a loan from a 401k plan which is secured by elective contributions is never deductible.

Multifamily syndications offer a way to enjoy income, and syndicators can elect to 'wait it out' for favorable market conditions, if need be.5.Inflation creates greater rental demand, in a non-binary fashion.

When you elect to move to a new property, you simply keep the current one and transform to a full rental.

How do I go about this, do I try to track down the condo association president and we come to an agreement about the new fence, or do I just go for it? 

If Landlord elects to terminate this Lease, Rent shall be abated and prorated from the date of the fire, explosion, or othercasualty, as of the date the Premises became unfit for occupancy.6.

This means that then new LLC is a single member LLC and has elected to be taxed as a sole proprietor.