Alexander G Rivera
How to convert a home into a llc
12 November 2019 | 4 replies
I'm looking for guidance as a new investor on what would be the best way to transfer my primary resident home in Florida from my personal name to a LLC and can anyone refer someone that can help me?
David Lu
Received a company's offer to rent out SFH, not sure how to eval.
27 July 2022 | 14 replies
You need to make sure the lease transfers as much of the Liability to them (Hold harmless & indemnications, etc.).
Jim Palozzi
Transfer personal mortgage to S-Corp - What do we need to do
5 May 2008 | 0 replies
We have 8 rental properties that are in our names but after reading some recent news articles, we want a better way to protect our personal assets and improve our credit score (due to a huge debt to equity ratio from these rental mortgages).We created an S-Corp a few years back for our restaurant, but we never used it as we went in with other partners and created a partnership.I'd like to use our S-Corp to transfer our 8 rental properties into the S-Corp to provide asset protection.I have 3 questions:- What is the cost involved to transfer ownership to an S-Corp (NYS).- Can I pull out money for investing back into the property as needed during a transfer (I assume this will mean a re-finance and lose our current mortgage rate of 5.3%, but the last two rentals I bought the int rate was 5.7% so it's not too far from the current rates)- Putting all the rentals into one corp - What will happen if we wanted to sell 1 or 2 in a couple of years?
Garry Martin
need some LLC help
27 February 2009 | 8 replies
I have been doing quite a bit of research and from what I have read, everyone recommends setting up an LLC.The Problem:If I set up an LLC, how can ownership of the properties be transferred without the banks calling the loans.
Dave W.
LLC's--is this info accurate?
12 December 2008 | 2 replies
If you transfer title to the Corp, you lose the capital gains exclusion on the sale of the property.
Anthony Clayton
Flipping REO's via Land Trust
31 March 2017 | 87 replies
So there is no transfer of deed without a sale.You can do this on Short Sales also
Account Closed
Putting property in a LLC. Newbie help!
18 February 2010 | 9 replies
Pennsylvania is pretty strict and I know that if I buy a MFU and then transfer it to a LLC, I have to pay a transfer tax of 2%.
Michael Seeker
Legal? Logical? What do you think?
10 January 2012 | 9 replies
This will be the first money paid out upon sale/transfer.
Callie King
LLCs and Investor Financing
26 December 2012 | 4 replies
See also http://www.biggerpockets.com/forums/12/topics/56838-transfering-title-to-llc
Arcinio Arauz
Creative solution...help me think.
4 March 2013 | 16 replies
If a Transfer of Claim never took place, the new owner or owner's servicer may not have been alerted the BK was dismissed.