Very brief summary of article: CTA has a issued a nationwide Stay on the January 1, 2025 deadline for beneficial ownership reporting to the (Federal) Financial Crimes Enforcement Network (FinCEN).

@Carter MayberryRefinancing your FHA loan into a commercial loan and transferring the property to your LLC is a solid strategy, but here are a few points to keep in mind:FHA typically requires a one-year ownership seasoning period before refinancing is permitted.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

I dont want the money to become an issue but a by product of helping others ( scaling ). 

The seller is not very tech savvy and is going through some life issues so he isn't being very helpful in this.

Unfortuantely, things happen that are out of your control.The insurance issue is such an important takeaway.

With the income issue, there are screening systems available that verify income by having applicants securely log in to their payroll provider, which then shares their gross and net income with you.

@William Causey depends on the transaction and the parties involved.Agree with @Dennis McNeely on some of the transaction costs.A different issue though is with an Assignment, the buyer gets to see what you paid for the property.

Keeping your license and avoiding any legal issues is probably worth more than this one transaction.

My portfolio is nowhere near what is needed to replace my current income so I would have to quit and become a full time realtor to make up the difference, but that sounds better than being stuck in my cubicle.Was there any issue with being at 21 properties and thinking you were close enough, why not quit then?