Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago,

User Stats

36
Posts
4
Votes
Davian M.
  • Rental Property Investor
  • Florence South Carolina
4
Votes |
36
Posts

Refi/Seasoning Question

Davian M.
  • Rental Property Investor
  • Florence South Carolina
Posted

All,

My nane is Davian and I am new to the site. I am a novice investor and was hoping to get a little advice regarding a deal I have in the works. I am currently purchasing a REO home and will renovate the property before I rent it out. For asset protection purposes I need to conduct a deed transfer to my LLC, however I wanted to refinance the property as there is a great deal of equity available that will pay back my initial investment plus allow me to invest in a second property. If I execute the dead of transfer to my LLC and then refinance,is this a taxable event? What is the idea approach to take here considering I have to wait 6 months due to seasoning? I also have a second deal that is a cash purchase and I want to use the same strategy, is seasoning a factor when it's a cash purchase. Any thoughts will be greatly appreciated.

Regards

Davian