The assignment agreement addendum was signed a few weeks into escrow.I was not worried that this would trigger the seller to back out.  

Alternatively, consider a cash-out refinance to access equity without triggering capital gains or explore a 1031 exchange to defer taxes by purchasing another investment property.This post does not create a CPA-Client relationship.

In the end, the weekend after the fed announced the first interest rate drop, we had an open house that had more traffic than our opening weekend 3 months earlier. we received a full-price offer for the house and closed in early November. obviously I have no way of knowing if the interest rate drop was a trigger, but nothing else changed in the market at that time. just wanted to share in case others are curious. appreciate all the thought partnership!

And now presented with the risk scenario they go into attack mode.Yeah, back to start, it looks to me as Marco is pulling triggers that were always there, going to plan Y, Z etc...

Alternatively, transferring the property to a revocable trust provides income for your parents, avoids probate, and keeps you as a beneficiary, but it doesn’t allow for a 1031 exchange and could trigger gift tax.Focus on aligning the structure with your goals, whether for immediate reinvestment or estate planning, and ensure compliance with Connecticut laws.This post does not create a CPA-Client relationship.

Not sure if you pulled the trigger, but I was nervous to go from LTR to MTR.

Thank you.Once you get a good foundation and you are financially ready to buy a property, pull the trigger on a solid deal. 

Then if it grows and an opportunity presents itself in real estate then I may consider pulling the trigger on a new deal.

If you want another layer of protection get an umbrella policy.You don't want to trigger the due on sale clause for a likely low interest mortgage.Also if you aren't operating your LLC 100% you likely only have a false sense of security. 

Congrats on pulling the trigger on this.