Every Market (Detroit) has a series of Micro-markets (neighborhoods) of which they are all different in cost, value, cash flow, rents, etc... 

I always buy Subject To, I do not put it in a Trust, I use my own LLC and I never have a problem.

My name is Jack Pasmore, and I’m a realtor and co-owner of Redeeming Equity LLC.

To get around this some folks will purchase the vehicle in an LLC and then sell the LLC, and this is not breaking the agreement.The same thing would apply here.

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

An LLC is useful for two things: anonymity and legal protection.

When you look them up make sure the owner isn't a LLC and that there primary address is not the same as the property you where looking at.

Need:- Good CPA- LLC- Narrow down to 3 markets of interest: Santa Rosa, Palm Springs &  ??

Does Obie insure property in the name of an LLC?

We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.