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5 December 2021 | 4 replies
Right after I closed, I transfer it from my personal name to my 100% own LLC.Recently, someone mentioned doing that will subject to some kind of transfer tax or stamp tax?
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18 October 2021 | 5 replies
If so, your township will transfer it to the new owner.
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20 October 2021 | 2 replies
Thanks so much, @Dave E. .
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7 November 2021 | 7 replies
The answer is yes, you need to report all the income on Schedule E, if you want the bank to give you credit for that income next year when you go to buy property #2.
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17 October 2021 | 4 replies
( I’m 2 hours away but want to make sure money is transferred correctly to my business account)2) When it comes to repairs, do you have some type of contract signed with a company or do you just look for someone when needed?
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17 October 2021 | 3 replies
currently have 3 properties free and clear that I transfer into LLCS having a hard time trying to cash out refinance to be able to use some leverage any tips on how to not go based of taxes?
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17 October 2021 | 2 replies
I believe I will be initiating a 1031 Exchange on behalf of my client soon (offer is submitted on Upleg), and I wanted to get some clarification on two questions:QUESTION ONE:She is low on cash for reserves in her bank account, so she will need some passthrough money from the buyer of her downlegs (she needs reserves in bank for loan on new upleg).Does this passthrough need to be first transferred from escrow to an intermediary account then her bank, or could it be transferred to her bank from escrow (skip 1031 intermediary account)?
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13 November 2021 | 9 replies
I only saw prior hardcopy versions, no e-book?
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24 October 2021 | 0 replies
For now, project can begin at 513 E Centre.
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25 October 2021 | 2 replies
Welcome to the contributor club here on the forums, @Richard E.!