Isaac Blocher
The Cost of Transactional funding
29 August 2024 | 70 replies
From a transactional funding standpoint one consideration is avoiding transfer taxes where they are charged and if they are significant at all or not.
Kevin Luttrell
How do you pay your cleaners?
30 August 2024 | 22 replies
@Kevin Luttrell our cleaner invoices us once a month and we pay via ACH transfer.
Camy Kwok
1031 Exchange from residential to commercial/residential
29 August 2024 | 6 replies
Both can easily transfer to you guys when you inherit it.
Eli Jerman
Looking for advise for FHA and LLC. Just purchased first duplex. Renting one unit.
28 August 2024 | 7 replies
I could understand refinancing if there is equity that can be tapped into but I wouldn't refinance in order to transfer the property to an LLC.
Derek Tuohy
Tax basis - Joint Ownership or Inheritance?
27 August 2024 | 6 replies
If you are looking to acquire the other half, there are ways of doing the transfer that minimize capital gains tax for you mom.
Alex P.
Taking title as individual instead of Single-Member LLC in 1031 exchange
29 August 2024 | 6 replies
I would like to take title on the DSTs as an individual and dissolve the LLC for simplification purposes.Options seem to be:1) Take title as individual on replacement property2) Take title as LLC on replacement property, then transfer to individual later3) Take title as LLC on replacement property, maintain LLC indefinitelyAppreciate advice from anyone experienced in this matter.
Michael Daley
Flip from a Family Member?
29 August 2024 | 5 replies
Who’s paying the transfer taxes, title insurance, property taxes, etc etc. what if you don’t net enough to pay realtors commissions and your realtor commissions does your dad take the loss?
Tadas Bendaravicius
How To Protect Yourself From Lead Law When Acquiring New Rental Property
28 August 2024 | 7 replies
It's best to delead when the units are vacant to avoid extra costs like hotel fees.In the case of a property transfer where a child under the age of six will reside in the property, the new owner is responsible for bringing the property into compliance on or before 90 days of the transfer of ownership.
Jenna Bamlet
Business partner separation
28 August 2024 | 17 replies
I’d want to know if I could just transfer all property to my own name, like if I have the right in LLC to buy & sell for the LLC, can’t I just sell them to myself for a nominal fee?
Michael Greco
Moving existing rental property into an LLC - Mortgage company sayin "no"
28 August 2024 | 4 replies
Why are you transferring it to a LLC?