We then transferred title of the property to our business/LLC. 

This is a ground-up development coordinated by CC&F (https://ccfne.com/), an operator that has been in business for 120 years and has built over 100 million sq ft of commercial real estate.

The big difference is the $1700 in transfer taxes.

For the security deposits - since we will take over is the seller required to transfer those funds to us?

There will be a period of onboarding, data transfer and build out.

.”• I pay all the costs – things like Real Estate Commission - Title Insurance - Escrow Fees - Transfer Tax -Termite Clearance - Roof Certification – the list goes on and on..• And I buy them in an “as is” condition.

I feel like I should transfer some personal funds to make sure this property is well covered before I purchase my next rental property. 

. - I would speak with an attorney regarding transferring the equity to your businesses.  

When you do a 1031 exchange you are in essence transferring the adjusted basis of the property to the new property.  

Hey Deepanshu - you would likely need to state that all personal property being sold has no transfer value or have a separate contract for the sale of the furnishings.