Laura C.
Wholesale Friendly Title Company in Central PA
17 December 2024 | 11 replies
Hey Laura,Not sure if you are still looking to partner with a trusted title company in Central PA but we have used Capstone Land Transfer for 100+ transactions and loved the experience.
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).
Jae Yoo
Property management break contract
16 December 2024 | 3 replies
Either with cancelling and transfers, or anything in general.
Helene Zernik
Can I do it myself--Grant Deed
16 December 2024 | 4 replies
Do you want a disgruntled heir contesting the transfer sometime down the line?
Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
Transferring mortgaged properties to an LLC may trigger due-on-sale clauses, but transferring to a trust first can mitigate this risk.
Aaron Dyson
My Second Property: Investing in a New-Build Home with a VA Loan in Bryan, Texas
19 December 2024 | 6 replies
An LLC does make sense to protect assets, but will cost some money to set up as you cannot close in an LLC with a VA loan - it would have to be transferred post close.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
I have a contact at a military contractor that has employees transfer in for a 3-5 year gig.
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.
Zechariah Troth
Questions from a Novice
12 December 2024 | 5 replies
Many investors start with personal ownership and transfer the property to an LLC later, but it depends on your long-term goals and risk tolerance.
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
I tried QBO and Xero years ago and QBO would not allow automated transfer of data from AppFolio (my PMs software) to QBO; so, I have used Xero since then and been happy with it.