Hi @Ahad Ali shooting you a connection now. 

-wholesaling, rehabbing, buying and selling real estate, I originally started by back in 2003 before the market crashed, which was really a good time, decided to exit the market in 2012 and went hiatus for 4 years and pretty much missed  the industry and a had a lot of good times and bad, The things I didn't know then I know now and the things I dont know Im open to learn.

I'm assuming that person A had no legal authority to "sell" to person B without paying off the mortgage so in my mind that should make the Deed for the Quitclaim null and void.My questions are:1.

@Ahad Ali + adding on, If your LLC is treated as a pass through entity then basically when the income gets passed to you.

Thank you for the response Ahad Ali!

@Ahad Ali, good advice. 

I hope you a had a wonderful Thanksgiving!

In your case with a management company, get an attorney to write them a strong letter.My tenants got the full deposit back as I normally do this after each tenancy anyway.When I was a tenant, a had an apartment and my deposit was withheld with some BS excuse.

As I mentioned, a had a prohibition on the mortgage for doing this.

Hence, the owner (A) had to pay a higher down payment, (B) had a shorter amortization period and (C) had a higher interest rate.