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5 October 2021 | 5 replies
@Bishop Lawton Richardson you will likely have to buy the property in your name and then “transfer” the property to your LLC after closing.
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5 October 2021 | 3 replies
Received an e-mail this morning from my existing tenants.
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8 October 2021 | 1 reply
My suggestion is just to use a standard MAR purchase and sale agreement (P&S) and for the borrower entity put “Andrew Camarda or assignee or nominee” which makes the contract transferable.
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7 October 2021 | 2 replies
Some mainstream firms like Fidelity and E*Trade do not like the idea of a LLC that is owned by an IRA.
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18 January 2022 | 76 replies
N E ways thats why I'm selling I was renting but the tenants had a medical issue and are being separated from the military.
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8 October 2021 | 29 replies
I had a renter of 16 years they just moved out due to a job transfer out of state.
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14 October 2021 | 4 replies
Hello, and good evening, I just read an amazing book called the e-myth, I was curious if there are any real estate mindset coaches in the Columbus Ohio area that anyone can recommend?
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6 October 2021 | 9 replies
We have an LLC set up for properties but from reading books/BP site and listening to BP podcast, we were under the impression to purchase as individual outside of LLC and transfer into LLC once refi is done.
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11 October 2021 | 31 replies
Since you are transferring basis into the new investment, that will limit your depreciation since the gain is excluded.
26 October 2021 | 5 replies
LLC may or may not better protect your personal assets if something happen with your tenants and / or with your properties.If you'll decide to open an LLC, your rental properties will need to be transferred from your name to LLC which will cost you money.