@Collin Luckettjust curious - do you have a successful track record of flips, or are you looking to do your very first one? 

LLCs are a legal tool, not a tax one.Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.

A main difference I noticeably experience is who the merchant of record is.Best of luck with your listings!

We help run the numbers, set up showings and video record them, and load up everything in a Google Drive folder.

And you need to keep detailed records of all repairs and improvements.

Accurate records of all expenditures are essential to claim deductions and calculate the cost basis for future capital gains taxes, including depreciation recapture.This post does not create a CPA-Client relationship.

Like Jake Baker suggested, keep good records and have a dedicated bank account for your property, properly separating personal and business expenses.

The property had a first mortgage, as well as a second mortgage, both from the same purchase money lender.After receiving the trustee’s deed and recording it, I discovered two “Independent Solar Energy Producer Contracts” recorded against the home.

Depending on the county some provide public records of owners' name and numbers to the public thats are attached to the property so people can reach them