So that just tells everyone who you are and where you live.One way I think LLCs can simplify your life is when you want to transfer ownership.....lets say to one kid and you have 10 homes in the LLC....one document can probably do that, vs 10 deeds and 10 filings at the courthouse.Good luck and let us know what your CPA says.

They would also know if any of their investors wanted to sell loans they made.In either case, with your authorization, the broker would work with you, the property owner/borrower or note seller, and also with your SDIRA custodian to arrange funding and transfer of the appropriate paperwork.Atlanta is a big city and there should be plenty of deals for you to choose from.

Most Helocs can be transfered into personal savings in less than a minute.

Once I do that, I would like to transfer the property to an LLC.

Being a duplex the gas bill cant be transferred to both tenants so it will cut down on the cash flow in the winter.

There is something called a roth conversion ladder where you can transfer funds from a traditional to a roth.

DSTs are an advanced version of statutory trust that allows investors to transfer 1031 exchange money into.

@Michael McCallaYou need to accomplish the following steps.1) Create LLC entity (you can consult with an attorney, do it through the help of a website or do it yourself)2) Create an operating agreement(especially if there is more than one owner I.E. wife) - consult an attorney to draft this3) Transfer title from your personal name to the LLC(work with an attorney or a title company to achieve this)4) The LLC will have to file a partnership return on an annual basis so you will need to consult with a CPA.Good luck!

That would be a bummer to find out after the fact.If you still have a loan on your duplex and pay a mortgage, most banks will have a "due on sale" clause if you transfer the title of the property from your personal name to the LLC, forcing you to pay the remaining loan amount immediately.

Make sure any deposits transfer to you.