This way we don't need pay the property transfer tax.

and you can calculate the potential gain from there.But no matter how you slice it Property C was part of the 1031 so the basis of the old property was in part in some way transferred to that property using the form 8824 and that's what your accountant has to give you. 

Hi members after doing refi in a BRRRR can we transfer ownership from self to an llc for asset protection or does that require another refi?

If it is listed you can have them write the contract, negotiate for you on anything, and if the seller down the line comes back after you for something that happen you would be covered due to the agent/broker E/O (this is an extreme example).

"Security deposits were deducted at closing"I assume you mean from your purchase price as that is the normal transfer. 

Originally posted by @Dave E.

This could probably be lower if all items are in near new condition, but I have had $6k in gas line repairs for gas that couldn't be smelled, but the utility transfer caused a pressure test that found multiple leaks throughout the system.  

Avoiding Gift tax if they transfer loan to you. 

@Assad Oskuei you're going to want to talk to the Cranston building department.My understanding is that ADUs in Rhode Island are limited to the current owner and only for family members, so you wouldn't be able to AirBnB or rent it out, and the ability to have someone live in it wouldn't automatically transfer to a new owner unless the new owner applies for (and qualifies for) having the same in-law unit.ADUs in RI are much more limited than in other states, for example California.

Originally posted by @Dave E.