Let me preface it was not always this pretty😂 📍258 E Welch, Columbus Ohio💸 $150,000🛠 $50,000🏡 $349,000I love learning the process from the investors perspective & of course learning from my fam💙

He is unable to transfer the asset while they have an impending divorce so unfortunately there's no legal way for him to convey the property without her consent.

E & O Insurance?

Take a look at the schedule E of a US tax return, to see a list of expense categories when figuring property income.

They document the sale on both ends and ensure the transfer of the funds so you do not have actual or constructive receipt of the money.

LLC's also have many other inherent problems e.g. you may have difficulty transferring the property to a spouse, or relative since the LLC essentially owns the property and it may not be considered to be a personal property.LLC's do not provide you with any protection when someone sues you because if the court awards damages the LLC cannot pay then it is very simple for the Plaintiff to go after your personal assets, or if someone sues you outside of the LLC then the Plaintiff easily get a Charging Order and goes after your personal interests in the LLC.It is much easier to just file for a Ficticiious Business Name, use a DBS e.g.

I'm thinking of transferring my TSP to an IRA Roth and use the funds for my first property.Thought and ideas please??

Can my business partner transfer an X amount in my business checking account for me to “borrow” and eventually give back, without that X amount getting taxed?

We were worried that we would have to sell our house in east Raleigh, transfer equity, and come out of pocket to get a 2-4 unit it Austin.

(It will rather be me)Should I buy the house under my name and then transfer it to the LLC later?