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19 November 2024 | 12 replies
Hi @Jessica Howell,Transferring funds between LLCs and personal accounts requires careful tracking to maintain legal and financial integrity.
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19 November 2024 | 23 replies
Research the appropriate laws for your property and follow best practices to avoid any discrimination accusations: use the same criteria for everyone who applies, know what the protected classes are, which questions are legal to ask and which aren't, and only deny applicants for legal reasons etc.
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17 November 2024 | 5 replies
If the legal balance is already at 60% LTV for example, would a seller expect a higher amount than the legal balance possibly?
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17 November 2024 | 2 replies
Is anyone aware of legal issues with this?
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20 November 2024 | 8 replies
Registered agent is in case you need to be served legal papers, they will accept them on your behalf unless you would want to be served at your home or work, and technically it must be a place where you are available between working hours.
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23 November 2024 | 15 replies
An LLC creates a legal separation between you and the property, so if something goes wrong—like a lawsuit or debts related to the property—your personal savings, home, and other assets are shielded.
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19 November 2024 | 5 replies
https://www.biggerpockets.com/forums/51-tax-legal-issues-con...
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18 November 2024 | 9 replies
Fill out both medical and legal power of attorneys.
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12 November 2024 | 1 reply
Always double check prepaid rents that get transferred at closing.
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12 November 2024 | 2 replies
I was a PMP on a deal and i gave my partner 3 months' worth of the mortgage in advance to stabilize the property. We bought the property via SUB2 and he has never made a single payment to the mortgage company. I came ...