Due to a time crunch, I purchased a long-term hold property under my flip LLC, which is taxed as an S-Corp (I know it was a bad move, but it was the only one I had)We have renovated the property and are getting ready to rent it out.I would like to transfer the property from the flipping S-Corp to a long-term hold LLC but have a few questions:1.

I take 20% of every payment and transfer to to a savings account linked to the account for the rental.

@Brad CashflowIt will vary slightly by state but the leases will transfer with the property.

Aside of things like properly identifying parties, property, competence of the parties, mistake, fraud, meeting of the minds, etc, there are three essential elements required to form a binding contract:Offer - one party offers to sell, lease, or otherwise transfer ownership of an item to a buyer.Acceptance - the other party accepts the first party's offer.

I want to transfer the deed into my name at retirement.

A straightforward way to structure this would be to have a multimember LLC with 2 types of ownership via common units (LP) and management units (GP).

I am about to close on the sale of my rental property, which I own with another party (50/50 ownership).

When a borrower gives a lender a security deed, the title to the property is transferred from the borrower to the lender.

Ask the tenant to have the services transferred to you during any vacancy, or you tell them yourself-we do that just to be sure.

We are looking at selling a flip property but it will likely take 3 months to close on that property and take money from the sale.We are also looking at another rental property that woudl likely close before the flip property will.The question is, is there a way to transfer the profit on the flip property to the rental property of the rental closes before the flip property does?