Michael Nguyen
Due on sales clause...Has anyone experienced this?
31 December 2024 | 2 replies
Most people will get the loan in their name first, and then transfer it into the LLC after.
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
Oh bud, I think it would do that we’re gonna need lender’s consent as well and that’s what I’m trying to prevent, but maybe they do it under them handle that part and then after the fact transfer it.
Kevin Hoover
Limited partnership to TIC - Can a child get joint property without capitol gains?
1 January 2025 | 4 replies
However, everyone involved would need to meet the IRS requirements for a 1031 exchange.Finally, regarding transferring an individual property from the partnership to a member directly, this could be tricky.
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
Promissory notes are transferred by endorsing the back or a document called an allonge.
Dean Klein
True dimensional 2x8 insulation question
31 December 2024 | 4 replies
Another option is to put 2-3 inches of spray foam insulation then batt under that, it will assist with stopping some of the air transfer and seal it off as well.I would also check the windows in those rooms and whcih way do they face.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
Check for transfer costs before doing so.
Elizabeth King
Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 replies
If can't transfer the rental into LLC and there are compliance costs associated with maintaining it you might consider shutting it down.
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
30 January 2025 | 47 replies
You don't transfer the Deed, you write a contract whereby they will get a Deed once they pay off the loan.
Sergei Voyakin
Repaying a loan in stock vs cash
24 December 2024 | 2 replies
If you don’t pay the tax when you transfer the stock to them they’re going to owe the taxes on your gain and you haven’t really “paid them back”.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
More to the point of your post, the agreement of sale should have language detailing precisely how the escrow funds are released to buyer or seller.