Lee Singleton
DSTs vs 1031 for Deferring Capital Gains
5 April 2024 | 6 replies
Through a 1031 Exchange, investors can roll over proceeds from the sale of a property into a DST without triggering immediate capital gains taxes.
April Birdsong
LLC for Business and LLC for Property Protection Question
5 April 2024 | 13 replies
You have to have the personal protection either way, at which point the LLC is less important.An accountant once warned me to be careful about using the LLC to manage the properties if they are not owned by the LLC because it could potentially trigger taxable events.
Christine Wilcher
The debate between Personal name & LLC's
4 April 2024 | 5 replies
You will get a lot of opinions on whether to own in your personal name vs. the LLC - be aware though that if you transfer them to your LLC now, you will trigger transfer tax which can be quite substantial.Going forward it would certainly recommend setting up LLCs to purchase your properties.
Charlesa F.
Putting property in an LLC
3 April 2024 | 5 replies
First, will your lender trigger a due on sales clause?
Priyanka Shah
New investor looking for some advice
3 April 2024 | 5 replies
Find a good agent and good lender, run some numbers, see homes and pull the trigger.
Bret Halsey
Seller-financing vs lease-option vs land-contract
3 April 2024 | 4 replies
Am I correct to assume this is very similar to seller financing however without title transfer since there's underlying debt he doesn't want to trigger due on sale clause?
Nathan Frost
LLC Address (What is best for security)
3 April 2024 | 19 replies
You could also forward to a personal address, but the address forwarding triggers address updates for some senders.
Chris Seveney
Is this Impressive - $658M Ponzi Scheme
3 April 2024 | 9 replies
Thankfully before I ended up pulling the trigger, someone shared the whistleblower article on these forums...
Jeremy Bourgeois
I have a 5 year balloon on owner financed land. What to do?
3 April 2024 | 8 replies
you can pull the trigger on the project by getting a construction loan that will refinance that will pay off the seller financing and provide 100% of the construction costs .
Timothy Eaton
I REALLY SCREWED UP, HELP! 24 y/o, first property.
4 April 2024 | 32 replies
.- The other partner has two options in response to triggering a shotgun - they can either accept the offer for a buyout, OR they can in turn buy the OTHER partner's interest at the offered price.