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15 October 2024 | 26 replies
Because when considering the complexity of transferring funds between LLCs and the desire to streamline real estate operations, establishing a holding company maybe in my primary state of our holdings seems right?
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12 October 2024 | 7 replies
I suspect they drew you a flow cart and then your conversations went something like this: I need to transfer my properties to an LLC for anonymity.They are told they are not anonymous & that is not asset protectionBut I need it anyway for tax savings.They are told there’s no meaningful tax advantages But I can get non recourse debt because the LLC is the borrower.They are told they still have to personally guarantee the loanNo, I can get non recourse debt I read all about it.They are told yes, while that is true, the leverage is customarily low, applies to much larger CRE transactions and there are still carve outs.
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8 October 2024 | 36 replies
I purchased an investment home under my personal name as my LLC had not been established yet, now wanting to transfer to my LLC.
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21 October 2024 | 176 replies
And if a swap of powers is imminent, well buckle-up-buttercup cause no reason to NOT go hog-wild for those last precious weeks grasp power before transfer cause when it all comes a crashing down it's "see SEE, we said don't vote for him!".
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11 October 2024 | 7 replies
Let them transfer it to the new PM and then they (new PM) can give it to you to hold or they can hold it.
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13 October 2024 | 5 replies
Like in MS its quite common to transfer title that way and title is insurable in other states your right all the quit claim did is release an interest .
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11 October 2024 | 7 replies
Below is a list of the most common record statuses and their meanings: Deed: This document shows the transfer of ownership from one party to another.
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10 October 2024 | 17 replies
Expect to pay transfer taxes based on the properties assessed value plus deed prep and recording fees when you make the transfer.
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10 October 2024 | 4 replies
Yes, you can use the paid-off house as collateral without transferring it to the new LLC.
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11 October 2024 | 2 replies
TurboTenant does digital signatures for leases and other documents, condition report templates, automated and one-time ACH transfers, chats with tenants (so there is a record... just in case), and lots of other great stuff.