What would the implication be for the 5th mortgage on the new home we plan to occupy if it were to become our primary mortgage, if we do NOT plan to sell our current primary home but rent it.

She Wasn't to social able.

Ultimately, if I understand your case enough (which I'm sure I don't), you personally will not have tax implications if you DONATE the property to the LLC. 

Just understand the implications.

I currently have 1 rental that has $200K+ equity. I'm considering selling and investing in 2 properties but not sure about tax issues and timing. Any advice? I'm thinking of waiting until next year to see where prices...

I'm more so wondering what the legal implications are for something like this.

The tax advantages with real estate are built in, and W2 income is minimized in saving on social security and Medicare taxes from not making rental income W2 income, according to my CPA.

We know that working with pre-foreclosures can present unique opportunities to create win-win situations for the seller and investor alike.What do you think are the best practices for hunting down pre-foreclosures (especially during this time of social distancing in 2020)? 

My CPA thinks there might be 1099 OID (Original Issue Discount) implications as well however.

I have a few rental properties that I invested in prior to getting married. My fiance and soon to be wife has an LLC for her investment properties. If she is to manage them, and I pay her, can that income be deducte...