Has been a huge headache for the bank and insurance company.

As someone else mentioned there will also be additional expenses when you bring on a property management company.

You have seen it for 3 years in your daily lives, when you go to the store, or buy a used car, try to buy a home, order parts for your widget company etc…So in summary, prices are here to stay and we need more homes to be built, likely catalyzed by proper incentives / less onerous regulation.

moving it to an LLC will not do much for you in the way of asset protection OR taxes (double check that with a cpa, everyone's tax picture is different). most people lean towards the LLC thing for legal protection, but a single-member LLC is a thin veil that's easily pierced. you'd be paying LLC fees & paying another LLC tax return prep fee, for what i'd say is nothing. if you do want to transfer the deed to an LLC anyway, you'd do a 'quit claim deed' with a title company or real estate attorney. if the mortgage lender ever says something you'll just give them proof that it's a single-member LLC and the one member is you (the original borrower). 

I have my broker's license and I still use my longtime realtor to show me properties; I just needed my broker's license to set up our property management company, and I also get to use it for full-time real estate professional purposes at tax time (I'm retired); I don't use it for looking at properties or anything of that sort. 

 tenant intiially voiced they wanted to stay at least 4 years due to the school district before signing. we are almost through year one with them, and will need to restructure our lease in a few months. they have been fine tenants.i was thinking about incentivizing it, but want some expert opinions. they currently pay 2795 a month, but a total of 2863 with the property mangement fees( pet and "convenience" fees) but we are getting rid of our property mangement company and doing it ourselves. trying to think of the best way to pitch thisso what i was thinking was:2863 for 3 years ( it would stay flat for 3 years)2925 for 2 years (flat for 2)2975 for 1 yearthoughts?

Is there any way to avoid capital gains on selling company stock?

His primary home is also in it's own revocable trust.I don't believe he has any asset in his own name, everything in separate trusts.I believe on each trust he is the trustee with his son as the first named beneficiary.He also carries A LOT of insurance, uses a top property management company and all of his properties are in higher-end areas.I was curious, if he's involved in a lawsuit related to one of his properties - I know the trustee has to be identified and usually the target of the suit, but are the properties in his other separate trusts protected.

In most cases the company that loaned you the money will report it to the 3 credit bureaus but this case is different.

I also talk to a local rental management company tomorrow to see what their projected rent would be for the property.