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Results (10,000+)
Rachel Campagnolo Title transfer rules in 1031 exchange
2 March 2020 | 3 replies

We are selling a CA investment property (single family) this summer, and plan to do a 1031 exchange into several other like investment properties.  Question is, if the title is in an LLC in CA, what happens to that L...

Ken R. Pointer to Tarrant County Banks Willing to lend to LLCs
3 March 2020 | 5 replies
Not only does this risk the bank invoking the Due on Sale clause and calling the loan, the title insurance that was issued in the name of the individual does not transfer and cover the LLC.
Lew H. Fl. county auction sink holes and scams
3 March 2020 | 4 replies
They require full wire transfer by 4PM the same day.
Michael Doherty 1st Flip Turned 47k Profit!
3 March 2020 | 6 replies
Another way the additional cost is sometimes mitigated is that contractors and suppliers are paid more reliably and therefore the process sometimes goes smoother and there are perhaps less change orders or delays - both of which are costly.  
Ki Lee combining 1031 and Drop & Swap and TIC? RE attroneys and CPAs?
6 March 2020 | 3 replies
This can potentially avoid new tax assessment of the property that is triggered by a sale, thus saving taxes for the buyer, and saving the sellers transfer taxes.- from our understanding, combining 1031 and Drop & Swap is possible when it's dealing with single buyer who takes 100% of ownership interest of the newly formed LLC as single-member and disregarded.- what we want to explore is the possibility of doing the drop and swap and 1031 when we are purchasing the replacement asset as TIC. 
Ki Lee combining 1031 and Drop & Swap and TIC? RE attroneys and CPAs?
2 March 2020 | 0 replies
This can potentially avoid new tax assessment of the property that is triggered by a sale, thus saving taxes for the buyer, and saving the sellers transfer taxes.- from our understanding, combining 1031 and Drop & Swap is possible when it's dealing with single buyer who takes 100% of ownership interest of the newly formed LLC as single-member and disregarded.- what we want to explore is the possibility of doing the drop and swap and 1031 when we are purchasing the replacement asset as TIC.
Ki Lee combining 1031 and Drop & Swap and TIC? RE attroneys and CPAs?
3 March 2020 | 2 replies
This can potentially avoid new tax assessment of the property that is triggered by a sale, thus saving taxes for the buyer, and saving the sellers transfer taxes.- from our understanding, combining 1031 and Drop & Swap is possible when it's dealing with single buyer who takes 100% of ownership interest of the newly formed LLC as single-member and disregarded.- what we want to explore is the possibility of doing the drop and swap and 1031 when we are purchasing the replacement asset as TIC.
Kent Estep Intro, LLC banking question and financing question
9 March 2020 | 9 replies
I won't even transfer funds from one LLC account to another LLC account.
Eric Tunby Shadow Bank Inventory
2 March 2020 | 1 reply
There was a large loan on it still in 2015 when the deed was transferred to the wife.
Blake Jones Do you really require the first, last month's rent + the deposit?
4 March 2020 | 34 replies
What I also do, is allow tenants to pay security in installments, and provide in the lease they can get their security back the day they transfer the unit back, so long as they move out the right way that is (default law is 21 days here).I swear to God I am going to start helping tenants chase down slumlords for security deposits.