I have heard that as long as the LLC is in the same name/address as the primary mortgage payer and the payments remain in good standing then usually you would have no problems.

So, you can't exchange into your own personal property nor a primary residence owned by a relative.

They intentionally deceived you, so why is your primary concern their feelings? 

We transfer all rents to our primary accounts regularly.

If so, what percentage of the proceeds for the primary residence portion would be taxed?

Can I do this if the Airbnb I list is also my primary residence, we were thinking of buying pull out couches to add to the number of beds in the house?

the gurus sell the idea of wholesaling as easy and no money down but that couldn't be more wrong. there is no guarantee return on the money invested in marketing . a wholesaler needs to do a lot, a lot of research to the local market where they are trying to find deals. you need to not only find the deal but prove that it is one to a potential buyer/investor. now Im not trying to discourage you, there are plenty of ways of getting started without MUCH money down .you can get a few cards made at a copy/print shop. you can talk to people and let them know what your trying to do. you can build a social media platform which is free. remember as a wholesaler your simply trying to find the deal then sell it at a commission. a friend of mine that is an agent uses their title company  to find information on houses in my neighborhood,  become friends with agents!.

Myself and one of the other partners who owns 25% are the primaries on the mortgage.

For example, I've learned that the state of Vermont will impose a huge "land gains" tax on someone who buys and sells a piece of vacant land that isn't part of their primary residence within a 7 year period.

I am looking to start the process and I need a very good lawyer who's primary focus is syndication in order to get the ball rolling.Thanks,