Our main issue is these properties are owned in an LLC.

The executor of the estate also should have had some basis for that as well.Fair market value when your relative passe as @Jake Baker and @Cory Carlson said.

I am a relatively new investor.

By creating a process, you can prevent these issues from taking place and save yourself a lot of time, trouble, and money.

I haven't had any issues with my tenants either.

So far, I haven't had any issues renting my unit.

The IRS views this as a related-party transaction, and deductions like rent paid to yourself wouldn’t qualify.

@Izraul HidashiIn general:Investor or certificate holder -> underwriter (creates the certificate) -> Depositor (issuing entity) -> Seller (purchases note) -> Originator (or creditor that created the note) -> borrower

And I agree, an investor that does zero diligence, doesn't value capital, and wants to find a structure that's RE related but not REITs, the debt behind it, syndications, etc.

Premiums in Iowa, Minnesota, Montana, Utah, and Washington jumped by more than 20 percent.The insurance situation is especially serious in California and Florida.In 2023, around 7 percent of realtors saw deals fall through due to insurance issues, with the share jumping to 13 percent last year as of October, according the California Association of Realtors.