Joshua Parsons
Really long distance investing (International)
15 January 2025 | 23 replies
I have a contact at a military contractor that has employees transfer in for a 3-5 year gig.
Martti Eckert
Long Distance BRRRR in Ohio
15 January 2025 | 21 replies
Build up your portfolio with a professional landlord and then as your portfolio grows transfer the assets over to a larger PM firm for ongoing accounting and management.
Sharad Bagri
How to transfer loan from individual to LLC
28 November 2024 | 10 replies
The due-on-sale clause technically allows the lender to call the loan due if you transfer to an LLC, but enforcement varies.
Dan Ross
Is the Pace Morby Subto program worth 10,000 dollars?
31 December 2024 | 41 replies
Transfer of the Property or a Beneficial Interest in Borrower.
Inderpreet Singh
Transfer to LLC [Prevent Liability] without "Due on Sale Clause"
28 November 2024 | 5 replies
Since the property is under mortgage, just transferring to LLC will most likely trigger the "due on sale clause".3.
Efrain Flores
Deciding the Future of My First Property
20 December 2024 | 6 replies
After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).
Rob Pattison
Advise on how to pay my Costa Rica property manager
8 December 2024 | 8 replies
(I’ve seen the free transfer there.)
Marcus Welson
1031 exchange identification deadline extension
9 December 2024 | 2 replies
However, in no event may a postponement period extend beyond: (a) the due date (including extensions) of the taxpayer’s tax return for the year of the transfer (See § 1.1031(k)-1(b)(2)(ii)); or (b) one year (See section 7508A(a)).(2) A taxpayer who is a transferor qualifies for a postponement under thissection only if--(a) The relinquished property was transferred on or before the dateof the federally declared disaster, or in a transaction governed by Rev.
Zachary Sakena
How to structure first rental in NJ: Should I use an LLC? Land Trust?
11 December 2024 | 13 replies
Your estate could still go through probate to determine how the LLC and other assets are distributed.You may be able to record a "transfer on death" deed for your property so it automatically transfers to another person when you die.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.