While the loan is indeed under your name, the contract between you and the buyer legally transferred the responsibility for that loan from you to him.

I recently relocated to Arizona, drawn by its rapid industrial growth, particularly in high-potential sectors such as semiconductors and electric vehicles.What I Bring to the Table:I have hands-on experience as a real estate agent during my college years and am currently exploring opportunities to transfer my license to Arizona.

For instance, I served as an expert witness in a case where a property was transferred to a new owner sub-to.

We even did a mid-year check in meeting in person but felt like he did not provide us any guidance.

Invest in as long as it takes you to write a check, do a wire transfer, or even an online bill pay4.

There is nothing magical about RE and nothing is secret.. the only thing I see that has really changed is how information is disseminated and transferred out to the public..

Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.

To provide our buyers the greatest probability for success, we cast a wide net to evaluate ALL vacation rental prospects and narrow it down to the handful that meet the search criteria. 

Transferring a property title later could be deemed a taxable gift if it exceeds the annual exclusion ($17,000 for 2024).

If they did, the previous manager is obligated to transfer those funds.