20 October 2024 | 3 replies
You also can transfer the home into your LLC right after closing.
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18 October 2024 | 1 reply
Good Offer Price: Without knowing the current bleeding amount, it’s tough to give a precise number, but generally, aim for 70-80% of the after-repair value (ARV) minus the cost of repairs.
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21 October 2024 | 5 replies
That doesn't mean it just transfers right over to another property.The tenant's income may have changed or possibly more or fewer family members move along.
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16 October 2024 | 10 replies
Depreciation can't be transferred to another partner, as it is tied to ownership.
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18 October 2024 | 7 replies
Hello BP folks! My California tenant has initiated his monthly rent payment ($2100) to pull from his Chase account on March 14 through my Avail PM system, but I will not be receiving it until March 19. This is 2 day...
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23 October 2024 | 7 replies
In Florida you can put the advanced rent in a separate account (per F.S. 83.49), and when upon the accrual of rent on the due date, you transfer the money from the account to your operating account.
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21 October 2024 | 9 replies
That transfers certain equitable rights to the tenant/buyer--nice for them, not so good for you.
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21 October 2024 | 24 replies
Go to court, have your attorney see about transferring it to superior court where they will need to get an attorney and spend some money.
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17 October 2024 | 20 replies
Precision of language, Jonas.I'm new here but I find in my work as an agent, parent, scout leader, human being that some words have specific meanings and when those are the specific meanings that you mean to convey then you should use those words.
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13 October 2024 | 2 replies
Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC partnership.1) are we subject to transfer taxes or fees for the transferring?