But it is very important that you make that an arms length transaction. 

How will my Transactions be Processed?

Hello members, I am a part-time new real estate agent, relatively new real estate agent for the past year, but I haven’t done any transactions.

I and my team have completed several hundred transactions in the last couple of years in Philadelphia and its neighboring suburbs (Montgomery County and Delaware County).

Ignoring the internal revenue code, the judge-made-law substance-over-form doctrine and sham-transaction doctrine might also stand in your way.But FWIW, you'll only have to "logic" your way out of it if you're examined or audited. 

They have not made any real estate transactions in the last 30 years.

Juliana Davila with Fidelity National TitleShe's closed hundreds of assignment transactions. 

(and cross your fingers that it is merely an oversight your new tenant will correct immediately)Although hopefully you have a clause regarding cancellation of lease by landlord for falsifying information and you can avoid the whole headache. 

I've sold over $200M to investors with an average price below $100k per transaction. 

@Jonathan Greene I would be very, very cautious about using cross collateralization.