I purchased a duplex in California with tenants in place. Seller disclosed leases and may have kept half of deposit. The lead agreement I received shows see original lease for amount t of deposit. I didn’t read this s...

You can have both accounts for a period of time until you move everything over, then you can close your Wells Fargo accounts.Frankly, Wells Fargo has been a frustration... they won't allow mobile deposit over $2,500 and you can't send a wire transfer online for over $10K -  they make you go to the branch (what a joke!!!). 

We did title one account in the name of the trust but the rest are basically left with the trust being the beneficiary transfer on death. 

Buying a new, or nearly new property, even when at a 10% premium to the market, typically allows for higher rents to be achieved, provides for warranty transfer on items like appliances, roof, windows, and general construction, and prevents cap ex issues to impact annual ROI for the first 10-20 years.

Don't get too caught up in it however, as a lot of them have APIs to transfer properties over if you want to jump later on.Food for thought: some of these platforms have a minimum for units.

Transferring an asset to an LLC is possible, but as mentioned, it could trigger a Due on Sale clause if you have a mortgage. 

I told the tenant that I will be allocating their last months rent, that was transfered from the prior landlord, for the month of September and served the tenant a 30 day notice to quit (no cause).

For tax purposes, the IRS sees you and your LLC as the same entity, so transferring the title to your personal name typically wouldn’t affect the 1031 exchange deferral.However, to maintain the tax benefits associated with the 1031 exchange, it’s important to ensure that the property remains a rental and continues to be used for business purposes.

@Henry LeAn LLC is still useful even if you don't transfer the property. 

Here is what Gemini AI says, better put than I can:Land Contracts in Kentucky: A Brief OverviewA land contract, also known as a contract for deed or installment sale contract, is a type of real estate purchase agreement where the seller retains title to the property until the buyer has paid the full purchase price, typically in installments.Key Features of a Kentucky Land Contract: Conditional Title Transfer: The seller maintains legal title to the property until the buyer has fully paid the purchase price.