A warranty deed passes that guarantee on to your LLC.If you transfer title through a quitclaim deed, you are simply saying that you are passing any interest you might have in the property to your LLC.

Just passed my real estate license in CA!!!

I fell into real estate when my dad passed in March 2015 and his reverse mortgage company tried to take his home. 

These numbers can't be achieved in most folks markets hence the turnkey product.I think the window for solid deals has passed their are still deals but just harder to find.

It can be done, I bought a property because my client had a change of heart last minute, deal was too good to pass, I saw the opportunity.Realtors are at the forefront of negotiations.

Then, when the cash or other assets are distributed to the shareholders as dividends, it is taxed again at the shareholder level.In an S-Corp, it is possible to maintain the nature of the income and pass it through to the shareholders such that capital gains flow through as capital gains, etc.

The thought of going to college to get a degree so that I can built a resume that I pass around to others in order to beg for a job completely baffles me and does not seem logical.   

Originally posted by @Ramon Moreno:hey guys, just found out that my neighbor is being for closed on, the lady who owned passed, there is now a lis pendance, first mortgage for 123k, refi for 40k, and then another for 62k.

I generally see 5 day options for $100, with the idea that you then pass on the property to someone else for $5k+ than you are contracted for. 

So will see. but if I got an offer on it once I have owned it a year or two so I could get cap gain or 1031 I would entertain that  other wise just see how it goes.Its in Eugene Oregon so pretty big metro area. with lots of people and this is I am sure the least expensive place in the entire region to live short of moving back in with momy and daddy