Jim Stoffey
Joint Venture - Is this a Scam?
1 September 2024 | 79 replies
Perhaps for your first rehab ride, you find the deal, you earn a fee by letting someone else fund it, and simply be an "intern" on the first deal.
Abdul Kadir
DADSON Laundry contract
29 August 2024 | 3 replies
Does the contract transfer to me, I just dont see how, so if you think it does, please help me understand if you feel it does.2.
Loren Howe
My Commercial purchase experience
29 August 2024 | 2 replies
In general, the major brokerages are somewhat greedy and they would prefer to keep both sides of the commission "in house", so before any new listing is posted to a site like LoopNet, Costar or Crexi, it is passed internally to every other broker in the office and then within the intranet for that company, to see if anyone has a party to do the deal with.
Isaac Blocher
The Cost of Transactional funding
29 August 2024 | 70 replies
From a transactional funding standpoint one consideration is avoiding transfer taxes where they are charged and if they are significant at all or not.
Kevin Luttrell
How do you pay your cleaners?
30 August 2024 | 22 replies
@Kevin Luttrell our cleaner invoices us once a month and we pay via ACH transfer.
Irene G.
I have a property in CT but live in CA, where should I open the LLC?
28 August 2024 | 4 replies
Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.
Camy Kwok
1031 Exchange from residential to commercial/residential
29 August 2024 | 6 replies
Both can easily transfer to you guys when you inherit it.
Eli Jerman
Looking for advise for FHA and LLC. Just purchased first duplex. Renting one unit.
28 August 2024 | 7 replies
I could understand refinancing if there is equity that can be tapped into but I wouldn't refinance in order to transfer the property to an LLC.
Derek Tuohy
Tax basis - Joint Ownership or Inheritance?
27 August 2024 | 6 replies
If you are looking to acquire the other half, there are ways of doing the transfer that minimize capital gains tax for you mom.
Alex P.
Taking title as individual instead of Single-Member LLC in 1031 exchange
29 August 2024 | 6 replies
I would like to take title on the DSTs as an individual and dissolve the LLC for simplification purposes.Options seem to be:1) Take title as individual on replacement property2) Take title as LLC on replacement property, then transfer to individual later3) Take title as LLC on replacement property, maintain LLC indefinitelyAppreciate advice from anyone experienced in this matter.