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15 March 2015 | 1 reply
I heard that when an out of state owner sells a property in New Jersey that it triggers a 2% transaction fee. Can anyone confirm this is true? If so, would putting the my property into a NJ LLC before selling avoid t...
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28 April 2015 | 16 replies
The building that is setting on the property was last used is some kind of computer data entry center.
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15 March 2015 | 4 replies
I'm waiting to hear back from a real estate lawyer, but the way it was explained to me, is that this is essentially party of the selling price ($150k), but the deal is structured to reduce the state transfer taxes based on the $135k sale price, defer capital gains income into the next year for the seller (frankly, I think the 15k would not be capital gains, but I'm not sure), and reduce our monthly mortgage payments over the year.
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21 March 2015 | 2 replies
I haven't decided which brokerage I'm going to hang my license with, but I will be getting my real estate license within 3 weeks.
I'll be moving to Phoenix within the next 3 months. Should I wait until I move to han...
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31 March 2015 | 4 replies
Get the guy to transfer the deed over to you, at which point you begin to make the monthly payments to his lender.
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23 March 2015 | 4 replies
Can you take a residental property purchased personally and transfer it to a newly established LLC created for your real estate business?
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24 March 2015 | 1 reply
As always, remember the public data being utilized may not always be correct.
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22 March 2015 | 0 replies
2 how to transfer or attain ownership if the lender is still holding deed of trust?
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22 March 2015 | 8 replies
Leaving an obvious trail on title and essentially 'broadcasting' your intent by transferring this into an LLC, it will essentially defeat the purpose of the LLC anyway for you.