Most Helocs can be transfered into personal savings in less than a minute.

Once I do that, I would like to transfer the property to an LLC.

Being a duplex the gas bill cant be transferred to both tenants so it will cut down on the cash flow in the winter.

There is something called a roth conversion ladder where you can transfer funds from a traditional to a roth.

DSTs are an advanced version of statutory trust that allows investors to transfer 1031 exchange money into.

@Michael McCallaYou need to accomplish the following steps.1) Create LLC entity (you can consult with an attorney, do it through the help of a website or do it yourself)2) Create an operating agreement(especially if there is more than one owner I.E. wife) - consult an attorney to draft this3) Transfer title from your personal name to the LLC(work with an attorney or a title company to achieve this)4) The LLC will have to file a partnership return on an annual basis so you will need to consult with a CPA.Good luck!

That would be a bummer to find out after the fact.If you still have a loan on your duplex and pay a mortgage, most banks will have a "due on sale" clause if you transfer the title of the property from your personal name to the LLC, forcing you to pay the remaining loan amount immediately.

Make sure any deposits transfer to you.

While the wealthy from the West will probably be fine and make even more money by taking advantage and investing in the rise of Asia, there's going to be a massive and historic transfer of wealth from the Western middle classes to the middle classes in Asia and other emerging countries.

Would I be able to keep the mortgage in the deceased owners name and continue to make the payments or do I have to transfer the mortgage?