@Mindy JensenProvide a list of names, phone numbers and email addresses of reputable private money lenders.

Please don't take mine or someone elses word on this until you explain your entire story to someone who can truly speak to this.I'm sorry this is as clear as mud, but you need to bring this question to a licensed person that can be properly familiarized with your situation-that way if this gets goofed up for some reason it's not on your head.Tax consequences for Transferring to an LLC:https://legalbeagle.com/13312030-tax-consequences-for-transferring-property-to-a-limited-liability-company.htmlContributions of Property to an LLC:https://www.thetaxadviser.com/issues/2009/oct/contributionsofpropertytoanllc.html#:~:text=General%20Nonrecognition%20Rule,the%20member%20or%20the%20LLC.

But remember, going forward, once you train a tenant that they can pay rent late without consequence, you have created a monster. 

Novi is a great city with highly reputable schools and is a highly sought after area for families.

Yep.Are there consequences? 

@Phaedra CuljakWhat did your accountant say when you mentioned to them that you would be selling the home and what the tax consequences are?

Also, really important to make sure you are with a reputable manager who uses trust accounting to protect advanced guest deposits!

If you don't want a reputable business make YOU a cash offer get the frog out of my face!

Confirm that the provider has a pristine reputation (e.g.

I didn't even think to add in a clause with consequences about that.