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3 December 2019 | 133 replies
Right now it is especially a problem as I had a rash of good deals hit my radar and have bought most of them with another one or two pending.
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17 December 2019 | 4 replies
I actually work with/for a company specifically for this problem. A
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6 November 2022 | 18 replies
And the drama is now part of my problem. A
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18 October 2019 | 7 replies
Either way, just changing how title is held is usually not a problem, as long as the beneficial owners are not changing.
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22 October 2019 | 8 replies
I want to make sure we do not have the same problem as the previous owners.
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27 October 2019 | 4 replies
You should transfer the title to your LLC with a warranty deed (or possibly a special warranty deed if there is still a mortgage).If later on there is an issue with the title (that would be anterior to your initial purchase anyway), your LLC will "sue" you for the title problem, as you gave a warranty that the title was clear.You in turn, will be able to go back to your title insurance to correct the defect that was anterior to your purchase, as you were basing your warranty on the initial title search done by your title company.If instead you use a quit claim deed, your LLC has no recourse, unless your LLC bought a brand new title insurance with a title search.
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7 November 2019 | 29 replies
., I don't think its as big of a problem as it sounds like.
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30 October 2019 | 10 replies
The 5 times it failed, the place was vacant and I found the problem a day or two later.
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31 October 2019 | 7 replies
It's a complicated issue, but it's highly unlikely to be your problem, as Steven already said, because partners' basis in the partnership is increased by debt assumed by the partnership (unlike what happens in S-corporations.)
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29 December 2019 | 24 replies
I am guessing that you have an area problem as described by a couple of people above.