Sometimes they've noted the sale and new owners name, but not updated the records.

Hi everyone, My name is Chris and I'm very new to real estate.

@Mike Demmitt - We used a woman named Cooper Warner to look over the Oregon-specific landlord forms. 

If you want some other names in San Diego, shoot me a PM. 

I purchased a rental property in Wilmington, DE in the name of my LLC on a interest-only loan from a family friend. 

She says this way I can regulate my gross income increase myself at the level that does not cause child support recalculation.I assume, this LLC option will require including LLC name on the house title, and refinancing the house.

And yes, I know the next step after distribution is to retitle into my name, and then begin to treat them as "regular" rental properties (rent - taxes - expenses - depreciation).Thanks again!

Also note that if you were to purchase the property from them, your purchase price would become YOUR basis in the property and if you're paying below market prices, then you have a built in gain as well that would be recognized when you sell it if you sell for more than what you paid for it.I have the names of CPAs/attorneys if you need, though they're mostly in San Diego and Southern California.

Hi Everyone,My name is Kourtni, I'm so excited to have found this cite.

My name is Kenny Clarke and I am a huge fan of BiggerPockets.