@Matthew Nicklin definitely would love to work with you on pulling the trigger on my first deal

I have gotten myself stuck in the endless cycle of analysis paralysis a few times and I’m ready to pull the trigger!

Also, I think that transfer from the LLC to you would trigger transfer taxes to the LLC (maybe the same with a quitclaim, not sure), and also require the LLC to recognize gains for tax purposes. 

I am quite nervous being that this is the first one but am happy that we are finally pulling the trigger after talking about it for years.Thank you again!!

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-EZ for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

I am not ignoring the balance of your questions, but if the property is mortgaged you should start by the process by reviewing the terms of the current mortgage; most mortgages have an acceleration clause that is triggered in the event that ownership transfers.  

Second, you're technically not in compliance, which can cause various problems such as being unable to set up a payment plan for your old IRS debts or get certain late penalties waived.3.

Too many of us are reluctant to pull the trigger and get our feet wet because we don’t know what the results will be.

Hello, I’ve recently got in to real estate investing and looking to finally pull the trigger and start.

And then pull the trigger.