I think the value is in the recognized liability protection, not the anonymity that I hear the gurus constantly promote.

Sorry, but I am also in the self-manage camp and don’t appreciate the implication that people who self manage do it because they are control freaks, or cheap, or too dumb to recognize “time is money”.My husband and I hired numerous bad PM’s in our rookie days.

The remaining taxable gain is generally deferred over the term of the note and recognized each year based on the percentage of principal that is paid down each year. 

So learn to recognize those that are playing a different game and you will do fine.

A recognized SEC compliant offering or formal exemption, includes professionally prepared PPM, Operating Agreement and Subscription Agreement, and Reg D form filed with SEC6.

I like that we're keeping things positive and recognizing that it missed the hot water heater! 

@Avinash Tuta with interest rates being at all time lows, recognize the likelihood that rates are going to increase over the next 5 to 6 years, hence, an adjustable rate may not be the best long term strategy for your primary residence.

Some things simply won't be recognized as an inprovement for an appraisal.

There is no magic in real estate investing, it takes the same kind of discipline, hardwork, and intelligence as any other business.Thank You.So true...it takes discipline and one needs to believe they can do it.Real estate is no different from other asset classesFrom selling oneself as a buyer/seller, financing, problem solving etc...its all hardwork to build the business and portfolio 

I am unsure that this transfer would be recognized as a transfer.