Then you can do a quit-claim deed to your new LLC.

I just know the California laws are more cumbersome than Texas but I see quite a bit of opportunity!

So here is a thought I had:If rent is due on the first, and has to be received on the first, couldn't I give the cure or quit notice on the 2nd day?

Interesting business model he has and to hear him speak about it, its quite simple and sometimes comical.

From my experience, free coaching results in two things: one, you end up being low priority with your coach, and two, when you have nothing invested, it's that much easier to quit.

I have been searching online for more information for quite a long time but most of it is about the market in US.I want to know more about doing wholesale in British Columbia, especially in Vancouver or Greater Vancouver.Thank you!

The lender is said to hold legal title, the borrower is said to hold equitable title.It the case of a land contract interest in real estate, like a car, the vendor (lender) holds legal title and the vendee (borrower) holds equitable title.In the case of a fee simple interest in real estate, which is what everybody is referring to in this thread, the lender holds neither legal nor equitable title, the borrower (fee simple owner) holds both.Take a look at one of those title reports one your mortgage broker desk, it will show owner/borrower with a fee simple interest in the property.Although there are similarities between cars and re, they are quite different.Hope I said that right.

It seems quite clear (as you have repeatedly stated) that most landlords who are non-RE professionals do not have to issue 1099-MISCs when they pay more than $600 in a tax year for services.

I served 14-day notice to quit.

I have a legal background and have quite a few practicing lawyer friends - that portion of my "team" so to speak is great.