Hello – I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspectiveMy parents completed a 1031 exchange over 2 years in their own names – they file a joint tax return.

Moreover, given current market conditions and rates, understand that most markets only offer cash flow if you implement a creative strategy.

- Lower rates.

Yes, interest rates are really high and that is going to effect a lot of markets.

The only difference when you run your numbers is that your cash-on-cash return and your cap rate are the same since there is no leverage. 

Would I have to transfer ownership of my rentals to these LLC’s?

The rate on a hard money loan will be at 10.5-12.5% versus 25-35% on a credit card... 

Calling around, most people are quoting ARM rates at higher than a 30yr fixed.

As an update though, we did move ahead and were able to secure a 1X close construction loan that automatically converts to a 30-year fixed rate. 

#s based on duplex I’m being shown420,000, rate 6.25%Mortgage payment: 3271 + 225 HOA (increase $65 starting July) =3561Currently paying 1200 in rent + utilities.I know you’re going to scream at me for this.