Most lawyers, however, will do a double closing and the title company can be the same for the initial transaction, or different if the end buyer would prefer (though using the same one will save money).

Pay the small amount to have a licensed CPA under a retainer agreement and contract in writing with you pay all bills and taxes and issue all deposit refunds etc.

Purchase price: $105,000 Cash invested: $1,000 Purchase Price: $105,000Mortgage/Taxes/Insurace: $800Management Fee: $100Rent: at least $1,300Cash Flow: $400🤑🤑🤑 What made you interested in investing in this type of deal?

@Basit Siddiqi the OP just clarified their LLC is taxed as an S corp...which seems like that may be the clue for why this transaction may be taxed?

Seems like I'll get killed with taxes if I invest outside of SDIRA.

Anyone have a good Tax Pro in NE Ohio that they can recommend.

Other than that it's all goal dependent, do you want cash flow, stack big checks, and create tax savings?

If you're looking to expand your STR portfolio and in particular take advantage of the likely extension of the accelerated depreciation for tax purposes, this Spring or Summer could be a good time to secure your west coast STR property. 

The property is currently in an LLC that is a disregarded entity that flows to another LLC taxed as S-Corp. 

This is as much to keep accounting and taxes easy as it is anything else.