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6 October 2024 | 7 replies
However, there are some additional steps involved with Section 8, like coordinating with the local housing authority.
3 October 2024 | 1 reply
I've received numerous different feedback but would like a direct answer to make sure I understand how the process goes in transferring a RE license and Broker license to another state.
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10 October 2024 | 19 replies
Deposits and prorated rents, now need to be transferred to you at closing IN FULL and you are not responsible for paying the listing agent for tenant placement.
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2 October 2024 | 5 replies
Has anyone transferred a rental from a LLc in one state to an LLC in another state?
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6 October 2024 | 1 reply
These tools help ensure deadlines are met, budgets are controlled, and teams are coordinated.
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7 October 2024 | 24 replies
So this would require me to manually log in to transfer money to my actual bank anyway for distributions or to receive funds for improvements or whatever.
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6 October 2024 | 12 replies
The answer is they buy it in their personal name, their mortgage is in their personal name, and then upon closing / taking title of the property, they "quite claim" deed transfer the property from themselves to their LLC.
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7 October 2024 | 4 replies
The exculpation and limitation of damages clause seems overly broad, particularly with the QI limiting liability even in cases of negligence or misconduct, like wire transfer errors.
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7 October 2024 | 4 replies
Thus, the "Other Costs" increase significantly if a person were to sell their property in the chosen year.Just fill in everything, including the Advanced Inputs (you'll need to change default 30 year mortgage term to 180 months for your 15 year mortgage)Transfer costs will depend on your state and local municipality.Tax on rental profit will be your current or projected personal tax rate.THIS CALCULATOR IS PRETTY THOROUGH!
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9 October 2024 | 21 replies
Transferring properties in your name to a LLC gives you instant asset protection.