Replacement of income and tax free transfer of wealth.

This minimizes the amount of money taken out of your income for taxes.It may be better to create an LLC before you buy a rental property so you can avoid having to notify your mortgage holder that you are transferring your title to the LLC, in which case they may choose to close the loan and issue you a new loan.

Also make sure that the property has not transferred land more than 3 times I believe.

Also curious about why you want to transfer from a financial analyst to an assistant property manager.

As far as numbers goCost of Property closing and Transfer Fee's - $58,000standard rental income per month - $490 - yearly income - $5,880If used as AirBnb - Possible $7100 yearly incomeTaxes - $450 yearlyHoa - $500 yearlyThere are many cost of living videos as well as quality of life videos you can watch on youtube but until you experience for yourself you may not get the real feel of living in Colombia .

Some will allow transfers but there are many who do not which will mean you will be paying for another one should you decide to switch.You need to narrow down what you want to do first, HELOC, 2nd mortgage, refinance are all very different things.

If I purchase a property in OH and want to hold it in an LLC, do I have to have the LLC set up in OH or can I transfer it to my CA LLC?

Lender B said if I close with my name and then transfer to an LLC after closing, the bank or credit union may call the loan and force a closing, but it is unlikely (whatever that means), and usually they wouldn’t even increase the rate.

What this scenario is saying is that you are ok with taking a FIXED, TAX DEDUCTABLE, NON-MATURING loan...and transfer it to an ADJUSTABLE, NON-TAX DEDUCTABLE loan, that will MATURE in about 10 years....the risk is not worth the reward here. 

My lender, NASB (which is a great lender for 401k or IRA financing) is ok with me transferring my rental into a solo 401k LLC for liability protection.