It’s the tenant money that is held Incase they do not perform per the contract.Security deposits disposition is the number one reason for landlord lawsuits, along with IRS problems for Co-mingling of fundsTrust me it’s not worth your headache and potential litigation 

I,m a disposition manager here in Miami Dade & Broward countyin this current market you will never get an offer accepted under asking , evera lot more buyers than houses

Germain Act : (d) "Exemption of specified transfers or dispositions" (8) "a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; 2) You would use a warranty deed to transfer the property into the land trust.

An addition option for you is through introducing Land Trusts, allowing you to operate investments from states separate from your LLC without being required to pay foreign filing, so it really opens up a lot of possibilities at a low cost to you.I am personally partial to operating out of Texas because the low annual cost of LLCs and minimal requirements as well as it's favorable disposition to business owners.

., the money from the relinquished property's disposition).

I send an letter with detailed disposition of deposits and deductions.Now they are upset I charged them too much (although I could forfeit it I guess completely) and use words as bullying and other stuff that seems bordering with legal.Any thoughts?

Having a disposition that "it doesn't matter if I lose everything" is not a good start, IMO.Review the threads on buying and holding, renting; the numbers involved etc.

Not saying that's how I would choose to handle an asset disposition, but I've definitely seen it.

I'm in acquisition / disposition for a SF Private Equity firm.Look forward to discussing Real estate with some of you.best,Dan

The FDIC will retain the remaining assets for later disposition.