I understand it can take 1-3 days to verify a bank account before the tenant can use the ACH transfer payment method.The previous property manager provided me their phone number but they didn't have their email.

Originally posted by @Lynnette E.

But 1/15 of it was deducted as an amortized expense in Schedule E each year. 

@Jason E.

We'd like to:- Transfer the ownership of the duplex from our 4 personal names, to our LLC.Problem:Per our loan's "due on sale clause" (listed below) - The bank considers this transfer of ownership a sale.

@Luke Eckert1) If you sell the property - expect to pay around 8% of the property value in costs(realtor costs, transfer taxes, title work costs, etc.2) If you are waiting 2 years for section 121 exclusion - Make sure the wait is worth it. 

Transfer my Hard Money Loan into a Cash-Out Refinance now.

Due your due diligence on everyone involved in the transfer. 

Check utilities if they transfer with the property. 

@E.