IF we sold it, assume 10% for agent, transfer fee, etc to sell.

After paying the tax, you can transfer the proceeds to your partner.However, Technically you should have filed partnership tax return where he would have recognized his portion of yearly activities and sale at the end.This post does not create a CPA-Client relationship.

It might be simpler to hold off on transferring to an LLC until after the refinance.Hopefully, a CPA can jump in and provide more in-depth advice! 

, my ID and documentation that shows that I am the owner of the property such as a closing statement.I called again this morning, Monday, only to be transferred to voicemail, so it looks like customer service for when your account is locked in non existent.

Welp, as of this month, my account has been transferred to their new Credit Karma and it doesn't look the same and all my budgeting information is gone.

Technically once the transfer is completed the lender has the right to call the loan which would require you to refinance.

@Andy Johnson most PMCs have an Operating account that all rental income is deposited in.All Portfolio and Property expenses are paid from this account, as well as owner draws.PMC's also have a Management account, that they transfer their management fees to (from the Operating account) and pay all company expenses from.Third account is to hold Security Deposits (SD) according to your state laws.

If you have a loan, you may wish to look into due-on-transfer clauses.

Licensed STR can transfer.* Above average ROI. 5.

Do you mean you go to the bank then they qualify you for the loan and approve the transfer?