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7 September 2016 | 22 replies
Am I the one who ends up with the deed of ownership for said house and transfer the title for the investors or am I like a specter that simply puts the property in the investor's hands and disappears?
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31 August 2016 | 1 reply
I contacted the title company and they assured me they transferred the title with the county and they indicated that everything would be straightened out ASAP !....
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25 October 2016 | 10 replies
@Tom Kairys, one thing newbies miss is that it is much harder to get financing in the name of your entity vs. your personal name.You can get an umbrella liability policy and buy in your personal name, or buy in your personal name and then transfer to your LLC (risk the due on sale clause).All of these options have been extensively discussed on the forums and accessible via a few searches.
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4 September 2016 | 13 replies
Land transfer taxes in Toronto limit some of the more creative strategies that I can use.
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2 September 2016 | 3 replies
Other sites like Dwolla are not geared specifically to landlord/tenant, but can accommodate bank transfers.
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2 September 2016 | 5 replies
I was looking to do a cash-out refi to take money out while locking in lower rates, but now that the properties are in the S-Corp, I am unable to transfer back into my name to refi without creating a taxable event.I am wondering if there are any strategies to moving these out in a tax advantaged way (I expect there will be some cost to doing so).Some strategies that have come up in other conversations are:1) Form LLC and issue a note to the S Corp with the properties as collateral... then if S Corp defaults on the note... the properties will be transferred with out triggering taxes (although cost basis would remain the same)2) Have appraiser apply discounted valuations on properties due to lack of marketability (I am only a 50% owner of the S-Corp).
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1 September 2016 | 0 replies
We need an attorney and title company in northern FL who knows how to handle the transfer of title and legalities there.
1 September 2016 | 1 reply
Draw up an option to purchase that allows you to sublet the property or do a land contract if they are legal in your area for the property if he is unwilling to transfer the deed without getting paid in full so you both have something in the deal but benefits as well.
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25 August 2017 | 12 replies
Some states have transfer fees, etc.
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2 September 2016 | 4 replies
Can I legally sell or transfer (which is best?)