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31 October 2024 | 12 replies
If you take the loan individually, you can later transfer the property to the LLC, but that may trigger due-on-sale clauses or tax implications.3.
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27 October 2024 | 3 replies
If you sell the property (regardless of whom to), you will pay all the fees and transfer taxes associated with that sale - likely thousands of dollars.
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26 October 2024 | 5 replies
Are there any tax implications since it’s currently in an LLC and will be transferred to our personal name at close?
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30 October 2024 | 18 replies
I just bought a wyndham timeshare like this for about $1400 all in with closing costs and transfer fees.
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28 October 2024 | 14 replies
Birmingham is a great market for real estate investment right now—it offers solid rent-to-price ratios, affordable home prices, and consistent rental demand.If you’re thinking about investing in Birmingham, I can provide some helpful data and share insights about neighborhoods that align with your goals.
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28 October 2024 | 7 replies
If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.
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28 October 2024 | 2 replies
For now I simply wanted to share some data as we head into what could be a very active second half of 2024.This is a great time to buy an oceanfront condo.
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22 October 2024 | 7 replies
Hello everyone,My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the transfer besides my CPA.Can I do the transfer of the deed myself (going to the County Recorder’s Office) and just check with my CPA for taxes due?
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28 October 2024 | 8 replies
Would I achieve this if I transfer the property to an llc after buying it?
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28 October 2024 | 8 replies
Since I will be refinancing with a DSCR loan, is there any benefit to transferring the title to my llc now that I’m moved out and not stuck with the FHA requirements?