Depending on the loan amount for the new property, roughly a little over half of the gain could be deferred through the exchange.Without a 1031, they’ll face taxes on the entire gain, including federal capital gains tax (likely 15% based on their income), California state tax, and depreciation recapture, potentially totaling $130-150K.

The problem is that the new lender will not allow me to quit claim the property back to my LLC now that the loan is done.So I have to rely on insurance only which is terrifying to me.

If you have multifamily commercial loans, you will likely have to repay the loan in the near future instead of having the payments applied to the end of the loan. 

I guess I dont understand what you asking.are you asking can a buyer cash out your equity and just take over your seller financed loan.

You have to do some more research.Are you saying 200k in cash so you could spread that out among multiple downpayments or 200k via a loan?

What would be considered the easiest program for small hard money lenders to use to track loans and history and sending out 1098 's?

I've been pre-approved for a bank loan but haven't thought about someone with experience working with investors for deals.

The investors put in $100,000 and he took out a hard money loan for his part.  

I took a small private loan and bought my first home.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.