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19 February 2025 | 9 replies
Will soon set up LLC to transfer the property to
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19 February 2025 | 6 replies
Considering buying the corp so avoid land transfer tax - that might help with the numbers.
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19 February 2025 | 6 replies
As Hai mentioned in BC there are a couple of extra things to factor in if your parents sell it to you-the capital gains, foreign buyer's tax AND the property transfer tax all apply in BC and the middle one is not cheap (an extra 15%).
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21 February 2025 | 1 reply
If I understand the Act correctly, the regulation allow one spouse transfer loans to another spouse keeping the existing terms without the regular qualifying requirements.
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4 February 2025 | 3 replies
I unfortunately basically had to switch to desktop to use the software. 4) Tenants have to pay a $1 transfer fee to pay through RentRedi.
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18 February 2025 | 8 replies
In California, transferring ownership could trigger a property tax reassessment,To maintain compliance, a qualified intermediary (QI) must facilitate the 1031 exchange, and you cannot take direct possession of sale proceeds.
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20 February 2025 | 8 replies
Just remember anyone who has acted as your employee, attorney, accountant, investment banker or broker, or real estate agent or broker within the 2-year period ending on the date of the transfer of the first of the relinquished properties is considered your agent and is disqualified from being your QI.So definitely ask them for recommendations but they cannot act as your QI on the exchange.
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5 February 2025 | 18 replies
But the person seemed bent on me wire transferring within 3 days, or the deal will no longer be valid.
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4 February 2025 | 17 replies
As far as bank is concerned, I am still the borrower, because we did this transfer behind the bank's back.
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18 February 2025 | 6 replies
If you transferred your ownership share to his name now he wouldn't have owned it 100% for the prior two years.