A quitclaim deed is a straightforward way to transfer ownership, but it doesn’t address tax issues.

Their solution was for me to take over ownership of not one but five homes from Jeff's portfolio, all of which I had sold him and subsequently leased.Despite my being patently unfinanceable, the bank president placed a bet on me because I knew the homes, I knew the tenants, I knew what I was doing, and I was rabidly hungry.

Include a buyout clause allowing you to transition to sole ownership after two years, based on a pre-determined valuation formula or market value.Use an LLC to hold the property for liability protection and pass-through taxation, ensuring both partners benefit from depreciation to offset rental income.

Quote from @Abhijit Roy choudhury: Financial Crime enforcement Network, requires reporting of Beneficial Ownership Information filing by 01/01/2025.Does this apply to us, Rental LLC owners.

I came across some critical information today that I think is important to share with you:In the aftermath of the LA fires, it has become evident that some homeowners’ insurance claims have been denied or disputed because the property title was held in a trust, but the insurance policy was under the individual homeowner’s name.This serves as a valuable reminder to review your insurance policies and ensure that the ownership structure on your property title matches the named insured on their policy.

How are appraisers approaching value on multi-family when there are extremely limited comps available?I am considering selling a two-unit in West Texas, but only one duplex has been sold in town in the past eight year...

What are the key benefits of investing as an LP compared to direct ownership?

Investors aren’t acquiring fractional property ownership but are instead buying income rights, meaning the arrangement avoids triggering real estate co-ownership laws or property title issues. 

Hello Everyone! I am a young, new investor looking for some advice on a potential buy. For some context, I have been listening to Bigger Pockets for over a year now and have big ambitions to get into investing. My wif...

The mid term rental company is great but real wealth comes from long term ownership.