As long as your lender approves of the loan being taken out in your personal names and subsequently deeded into your LLC without any 'call for payment upon transfer', there is no issue signing both deeds the same day.

I made this comment in some other forum but it applies here so I would like to receive your feedback on it directly in this thread.Passive (leasing) ranchland annual yield is 0.05%-2.5% depending on Location.Bozeman = 0.05%Carlsbad New Mexico = 2.5%The livestock enterprise profit margins should double that, thus taking one’s Net annual yield on all capital assets (cattle & equipment) to 5% (with immense risk behind that).The livestock operating entity may not be that compelling of an investment pitch without integrating the historical risk/return performance of rural land, though there are lease operators who are probably in the annual net profit margin of 10-15% (lean operators.)The intangible and “psychological” benefits do (subjectively) provide a higher annual yield; quality time with family, being in nature, hunting and recreation, freedom independence and diversity of one’s day/month/year.Does this make it a “lifestyle” business much like cupcakery and boutique pottery?

My question is whether or not I should start an LLC now and be ready upon my transfer, or if I should wait until I find a deal, and subsequently start an LLC in the same state as the property?  

Paul LoRusso at JIL Enterprises, PA.

We had a policy with NREIG on a property we took back from foreclosure recently that became vacant, which was then subsequently gutted by a major fire.  

I just started a company called Andrews Enterprises, that specializes in wholesaling!

A wholesaler’s role is to identify properties that may be good investments, contract them, and subsequently assign the contract (or double-close) to investors.

But even if you do generate significant passive losses with your rentals, you'll be able to carry them forward to subsequent years until you, as Michael Plaks mentioned, sell your properties or offset them against passive income.

They do pretty similar things but zapier seems to be gaining a lot of momentum (especially in enterprise market) and integrate with lots of web services.

Subsequent responses do seem to hone in on determining what your ACTUAL cost of the "$10k" would have been, and I would have hoped that "the book" would have made the same distinction - but, didn't?