@LaMiracle SchaeferTechnically the LLC wouldn't qualify as the landlord since the LLC can not claim ownership or rights to the property.

A friend of mine did because they were tenants for five years and he got sued by a new tenant who claimed he was discriminating against him.

We were also told we can’t claim the most recent rental as income for 2 years.

Thanks Ashish, I have taken this Refi cashout year ago, can I now invest in another property and claim the interest going forward?

Some struggle with addiction or mental illness, some are victims of abuse or have life long medical problems. 

We have a relationship with Foremost and have been happy with the customer service and claim payout, but they have not been super competetive lately.

Needless to say they hurt themselves and try to claim it was our fault. 

I did plan to quit claim these properties into my LLC for asset protection purposes, but I don’t think this helps with the credit score unless the mortgages are in the name of the LLC .

I retired as a Physical Therapist this past December because after 20 years in the medical field because I was done with the ridiculousness.

In preparation to dissolve the two entities (limited partnership and LLC) I spoke to an attorney who has advised keeping both entities open for at least four years to protect against 3rd party claims.