Thanks for the encouragement!

To get technical, you will be going up against the Economic Substance Doctrine which states that a transaction has economic substance if: (1) the transaction changes in a meaningful way (apart from Federal income tax effects) the taxpayer’s economic position; and (2) the taxpayer has a substantial purpose (apart from Federal income tax effects) for entering into such transaction.By transferring your primary residence into a LLC, you would not be changing your economic position.

Thanks for the encouragement brother.

This is why we encourage clients to be shopping even before they close their sale. 

The auction company will tell any interested parties that there is already an existing offer and encourage them to offer more.Who knows what this property will sell for once multiple buyers are involved. 

Lots of us would be living vastly different lives without their guidance and encouragement. 

My business partner has quite a few co-workers who have several rental properties and they have encouraged us to look into rental properties.

If you don't have an asset management strategy, I would encourage you to read the book called "Traction" by Gino Wickman.

I would encourage you to assemble the docs from this site-application forms, leases etc.

Thanks everyone for the encouragement and advice.