It's also possible to participate in a 721 exchange where you might transfer the capital into an investment vehicle such as a syndication if you still wanted to participate in the real estate game without the tax hit.

While the county makes money (premium bids) from the sale of the tax lien the county makes nothing off of the transfer of ownership (deed) of the property.

Let them know you’re interested in learning and getting experience and that you have some transferable skills.

I was also told by my cpa that transferring the property from the LLC to our personal names will trigger a tax event.

They should be drawing up a Grant Deed (not a Quitclaim Deed) so that all of the covenants are transferred with the title.

Is this something that transfer with the land or is it optional per owner?

A transfer of any kind made by the debtor or mortgagor will accomplish a transfer of the interests of that party.(6) The respective spouses of all debtors, mortgagors, or transferees of any interest of the debtor or mortgagor, who are spouses on the day of the execution, judgment, or foreclosure sale.(7) Children, heirs, or devisees of any debtor or mortgagor.

While rental ROI appears to be attractive even after carrying costs, the 11% transfer tax when you sell seems like a turn off.

You can use either the card for purchases or do direct balance transfers for a 2% fee.Good luck!

I created the LLC and have transferred the title to the LLC.