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29 March 2024 | 1 reply
I own a few single family residence rentals, and I am in the process of transferring them to the LLC that I opened to hold my properties.
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1 April 2024 | 36 replies
Also, each time you transfer the deed the IRS wants their cut.
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30 March 2024 | 8 replies
Can I get a loan under my own name and then transfer it to the LLC?
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28 March 2024 | 3 replies
I was wondering what the tax consequences would be if a Roth 401k is transferred to a regular 401k or is that not possible?
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2 April 2024 | 45 replies
You'd have to put up at least 20% of the 390k, pay closing costs, insurance, transfer tax.
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31 March 2024 | 4 replies
This change permits owners of IRAs who are 70 and a half or older to transfer up to $105,000 in 2024 from their IRAs directly to a qualified charity and avoid income tax on those amounts.
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30 March 2024 | 10 replies
the Mgt LLC becomes the landlord, and the Title holding entity is basically fallow (except annual funds transfers since the Mgt LLC has to payout to its client sometime for a legality I think).LLC's have employees.
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1 April 2024 | 98 replies
The differences are these:1 - Equity is dead until you access it, when it becomes cash...the same cash that you originally had before you transferred it into equity.
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30 March 2024 | 9 replies
Box; rent can only be paid by bank deposit.For your convenience, the nearest location to your home is 123 Main Street, (City), or you can execute a bank-to-bank transfer using the routing number provided.If you have any questions, concerns or maintenance issues, you may call or text my cell phone at (your business number), or you may email me at the address listed at the top of this notice.Please don’t hesitate to contact me with any questions about this transition or any other pertinent issue.Sincerely,(you)
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29 March 2024 | 8 replies
It separates the liability.I'm not sure what you are getting at with "If it goes well, the home title can be transferred to an LLC."