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.
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7 December 2024 | 1 reply
Quote from @Bill Warren: I was hoping to find someone who could help me transfer properties out of my personal name into a series LLC or multiple LLCs.
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7 December 2024 | 1 reply
They will do a Good title search that no liens or mortgage issues with the firemineral rights transfer, easements, a survey, type things need to be clear.glad you escaped the fire with your health is main thing
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28 November 2024 | 4 replies
As soon as the offer was accepted, we set up an LLC and transferred the contract over to the LLC, of which I am the sole member.
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5 December 2024 | 4 replies
When you transfer retirement funds into a self directed account you can certainly buy real estate with it.
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6 December 2024 | 3 replies
Do it yourself is almost never recommended, although I’ve done some simple deed transfers myself.
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10 December 2024 | 39 replies
And arguably I think most would prefer a management transfer period as well, I'd say 2yrs, because you've been self-operating so i don't want to fumble around int he dark to sort what "system" has been used.
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5 December 2024 | 13 replies
You cannot transfer the 1031 exchange benefits to another property, and gains are deferred, not eliminated.This post does not create a CPA-Client relationship.
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3 December 2024 | 6 replies
Therefore, transferring our jointly owned investment property into my SMLLC would not trigger a due-on-sale clause?
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9 December 2024 | 8 replies
I am doing this now and included Seller's transfer tax.