Assuming you lived there for the two years, you are able to claim at least some of the capital gains tax free.

Also, it will be a simple thing to quit claim them into your LLC at a later time of your choosing. 

I had a response from her claiming that she is borrowing from her 401K and will pay up the Oct and Nov rent shortly without specifying and dates and won't pick up the phone.Most of my eviction dealings were with foreclosed owners who refuse to leave vs non-paying tenants.

If you're hiring out the management to a large professional hosting company, who are responsible for the maintenance on the property, wouldn't that place the majority of liability claims against them rather than the property owner?

Then the $12000/24 month = $500 of rental income they'd allow us to claim which was enough to help the DTI.  

If I own both 100%, and both are on my personal tax returns, then it seems I can get away with it.I may just file a quit claim, as this seems to be confusing everyone including myself.

ValuePenguin is a good source for the relative cost of insurance by state.Investment TeamAfter location, the most important success factor is finding and working with a good investment team.If you needed surgery, you would not start medical school.

Can the first mortgage bank ever back and claim interest in the property?

Claim is taxes are only going to go up….better off paying the taxes now and having full control of your money.Or, is it better to move the funds to a solo 401k - which still has restrictions, limits you to non-recourse loans, yet holds off the taxes?

They don't have deep pockets, but they have a government guaranteed salary and I happen to be in the medical field with friends at the facility and could advertise directly to the incoming doctors each year.