What I'd like to do is get a property under a subject-to option contract (simple, 1-pager) with a seller, look for a buyer, find a buyer, exercise option with seller, transfer option contract to the TREC contract with an addendum to assign it to the buyer.My question is in regards to what to put in the blank for sales price, considering it is a subject-to.

There are some very specific scenarios that could be exempt (like transferring a loan between companies you have ownership in), but let's just say it's not exempt for the sake of simplicity and erring on the side of safety.

Should a major expense, a la a roof arise, the management company could invoice the holding company for costs in excess of income and the holding company could transfer funds, write a check, whatever makes sense.

When note sellers find that you can't buy, and they will ask for proof of good funds before they give you confidential loan files, it will be the last time they talk to you.

My question is if I take out a mortgage for a rental property in my name, since they will not give me a mortgage otherwise, and I buy thehouse how do I transfer it to my s-corporation and is it legal.

Actually if she transferred the house to a trust it is not hers, it is owned by the trust.

All sold within 50 days in the range of 115K- 121K.My Closing Costs out I calculated at 7%. 5% to commissions and 2% transfer tax.

I understand that any transfer of title will be recorded at the county.

I have been working under the impression depreciation is transferred to the new property.

California is a transfer on death deed state so there is zero need for probate.